BNP Paribas Financial Markets Acquires 100,308 Shares of SPDR S&P Dividend ETF $SDY

BNP Paribas Financial Markets boosted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 198.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 150,913 shares of the company’s stock after buying an additional 100,308 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.11% of SPDR S&P Dividend ETF worth $21,001,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of SDY. Brighton Jones LLC lifted its holdings in SPDR S&P Dividend ETF by 404.5% during the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after buying an additional 14,829 shares in the last quarter. AQR Capital Management LLC lifted its holdings in SPDR S&P Dividend ETF by 49.5% during the 1st quarter. AQR Capital Management LLC now owns 7,936 shares of the company’s stock worth $1,077,000 after buying an additional 2,627 shares in the last quarter. First Trust Advisors LP lifted its holdings in SPDR S&P Dividend ETF by 30.4% during the 2nd quarter. First Trust Advisors LP now owns 32,141 shares of the company’s stock worth $4,362,000 after buying an additional 7,493 shares in the last quarter. NewEdge Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 3.5% during the 2nd quarter. NewEdge Advisors LLC now owns 65,223 shares of the company’s stock worth $8,853,000 after buying an additional 2,192 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in SPDR S&P Dividend ETF by 4.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after buying an additional 119,562 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 $149.93 on Friday. The stock’s fifty day moving average price is $147.92 and its two-hundred day moving average price is $146.54. SPDR S&P Dividend ETF has a 52-week low of $132.89 and a 52-week high of $156.39. The company has a market cap of $21.94 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69.

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.