SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 54,264 shares of the company’s stock after purchasing an additional 6,802 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in SPDR S&P Dividend ETF were worth $7,168,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of SDY. Joel Isaacson & Co. LLC grew its position in shares of SPDR S&P Dividend ETF by 2.2% in 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. JPMorgan Chase & Co. boosted its stake in SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Destination Wealth Management grew its holdings in shares of SPDR S&P Dividend ETF by 0.3% during the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after purchasing an additional 2,366 shares during the last quarter. Elk River Wealth Management LLC increased its position in shares of SPDR S&P Dividend ETF by 2.6% during the fourth quarter. Elk River Wealth Management LLC now owns 395,119 shares of the company’s stock worth $52,196,000 after purchasing an additional 10,095 shares in the last quarter. Finally, Legacy Financial Group LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.8% in the 4th quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock valued at $49,850,000 after purchasing an additional 3,088 shares during the last quarter.

SPDR S&P Dividend ETF Stock Down 0.2 %

NYSEARCA:SDY opened at $136.47 on Friday. The company has a market capitalization of $20.42 billion, a PE ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45. The stock’s 50 day moving average price is $133.60 and its 200 day moving average price is $137.67.

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.