Ameritas Advisory Services LLC Raises Holdings in SPDR S&P Dividend ETF $SDY

Ameritas Advisory Services LLC raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 47.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,555 shares of the company’s stock after purchasing an additional 9,154 shares during the period. Ameritas Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $3,999,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Brighton Jones LLC raised its holdings in SPDR S&P Dividend ETF by 404.5% in the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after acquiring an additional 14,829 shares in the last quarter. AQR Capital Management LLC increased its position in shares of SPDR S&P Dividend ETF by 49.5% in the 1st quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock valued at $1,077,000 after purchasing an additional 2,627 shares during the last quarter. Private Wealth Asset Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 1,245.5% in the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after purchasing an additional 274 shares in the last quarter. Ritholtz Wealth Management raised its holdings in shares of SPDR S&P Dividend ETF by 9.6% in the 2nd quarter. Ritholtz Wealth Management now owns 5,388 shares of the company’s stock valued at $731,000 after purchasing an additional 473 shares in the last quarter. Finally, Mutual Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF by 2.4% during the 2nd quarter. Mutual Advisors LLC now owns 16,360 shares of the company’s stock worth $2,288,000 after purchasing an additional 390 shares during the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.5%

Shares of SDY stock opened at $154.11 on Friday. The company has a market cap of $21.85 billion, a P/E ratio of 19.85 and a beta of 0.79. The firm has a fifty day moving average price of $144.52 and a 200 day moving average price of $141.09. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $156.06.

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.