SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Position Increased by SMI Advisory Services LLC

SMI Advisory Services LLC boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 50.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 73,225 shares of the company’s stock after purchasing an additional 24,455 shares during the quarter. SPDR S&P Dividend ETF comprises 2.2% of SMI Advisory Services LLC’s holdings, making the stock its 12th biggest position. SMI Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $9,513,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SDY. International Assets Investment Management LLC increased its stake in SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares during the period. JPMorgan Chase & Co. grew its stake in shares of SPDR S&P Dividend ETF by 13.5% in 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 during the last quarter. Argent Capital Management LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $14,644,000. Sanctuary Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter worth approximately $10,044,000. Finally, Synovus Financial Corp grew its stake in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after purchasing an additional 42,078 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $133.37 on Thursday. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The company has a 50-day moving average of $136.48 and a two-hundred day moving average of $137.19. The stock has a market cap of $21.10 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.