Brown Advisory Inc. Raises Position in SPDR S&P Dividend ETF (SDY)

Brown Advisory Inc. increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 37.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,595 shares of the company’s stock after acquiring an additional 7,266 shares during the quarter. Brown Advisory Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,604,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter worth about $130,000. Patriot Financial Group Insurance Agency LLC increased its stake in shares of SPDR S&P Dividend ETF by 637.0% in the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 1,474 shares of the company’s stock worth $144,000 after acquiring an additional 1,274 shares in the last quarter. NEXT Financial Group Inc bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth about $157,000. Providence Capital Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 933.7% in the 2nd quarter. Providence Capital Advisors LLC now owns 1,995 shares of the company’s stock worth $185,000 after acquiring an additional 1,802 shares in the last quarter. Finally, EFG Asset Management Americas Corp. bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth about $200,000.

Shares of SPDR S&P Dividend ETF stock opened at $94.49 on Friday. SPDR S&P Dividend ETF has a 1 year low of $87.95 and a 1 year high of $100.07.

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SPDR S&P Dividend ETF Company Profile

The SPDR S&P Dividend ETF seeks to closely match the returns and characteristics of the S&P High Yield Dividend Aristocrats Index (the Index). The Index is designed to measure the performance of the 60 highest dividend yielding S&P Composite 1500 Index constituents that have followed a managed-dividends policy of consistently increasing dividends every year for at least 25 consecutive years.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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