SPDR S&P Dividend ETF $SDY Shares Acquired by Corient Private Wealth LLC

Corient Private Wealth LLC increased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 99,888 shares of the company’s stock after buying an additional 21,809 shares during the quarter. Corient Private Wealth LLC owned about 0.07% of SPDR S&P Dividend ETF worth $13,912,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Morgan Stanley increased its stake in SPDR S&P Dividend ETF by 2.0% during the fourth quarter. Morgan Stanley now owns 4,840,696 shares of the company’s stock worth $673,631,000 after acquiring an additional 95,878 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 4.0% in the 2nd quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after purchasing an additional 119,562 shares in the last quarter. Joel Isaacson & Co. LLC grew its holdings in shares of SPDR S&P Dividend ETF by 4.6% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock worth $388,038,000 after purchasing an additional 121,368 shares during the period. Wells Fargo & Company MN grew its holdings in shares of SPDR S&P Dividend ETF by 1.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,076,605 shares of the company’s stock worth $288,980,000 after purchasing an additional 39,572 shares during the period. Finally, UBS Group AG increased its position in SPDR S&P Dividend ETF by 10.5% during the 3rd quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after purchasing an additional 165,053 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $150.00 on Wednesday. SPDR S&P Dividend ETF has a one year low of $133.68 and a one year high of $156.39. The company’s 50 day moving average price is $149.03 and its 200 day moving average price is $147.62. The firm has a market capitalization of $21.95 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69.

SPDR S&P Dividend ETF 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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.