SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Bought by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 20,782 shares of the company’s stock after buying an additional 2,432 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,745,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. International Assets Investment Management LLC raised its position in SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Dividend ETF by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after purchasing an additional 122,858 shares in the last quarter. Argent Capital Management LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $14,644,000. Strategic Financial Concepts LLC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $11,505,000. Finally, Joel Isaacson & Co. LLC grew its holdings in SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after buying an additional 54,648 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $132.90 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The stock has a fifty day moving average of $134.52 and a two-hundred day moving average of $137.49. The company has a market capitalization of $21.02 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.