J.Safra Asset Management Corp Sells 18,528 Shares of SPDR S&P Dividend ETF $SDY

J.Safra Asset Management Corp cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 342,360 shares of the company’s stock after selling 18,528 shares during the period. SPDR S&P Dividend ETF comprises approximately 2.9% of J.Safra Asset Management Corp’s investment portfolio, making the stock its 11th biggest position. J.Safra Asset Management Corp owned 0.24% of SPDR S&P Dividend ETF worth $47,947,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of the business. SOL Capital Management CO acquired a new stake in SPDR S&P Dividend ETF in the third quarter valued at about $203,000. Evergreen Capital Management LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 10.1% in the third quarter. Evergreen Capital Management LLC now owns 16,333 shares of the company’s stock worth $2,287,000 after acquiring an additional 1,497 shares during the last quarter. MAS Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 10.0% in the 3rd quarter. MAS Advisors LLC now owns 8,024 shares of the company’s stock valued at $1,124,000 after purchasing an additional 730 shares in the last quarter. WoodTrust Financial Corp acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $265,000. Finally, Versant Capital Management Inc lifted its stake in SPDR S&P Dividend ETF by 59.2% in the 3rd quarter. Versant Capital Management Inc now owns 2,057 shares of the company’s stock valued at $288,000 after purchasing an additional 765 shares during the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $146.51 on Friday. The company’s 50 day moving average price is $140.35 and its two-hundred day moving average price is $139.67. The firm has a market capitalization of $20.80 billion, a P/E ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $146.92.

About SPDR S&P Dividend ETF

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.