Cary Street Partners Financial LLC Boosts Stake in SPDR S&P Dividend ETF $SDY

Cary Street Partners Financial LLC raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 37.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,703 shares of the company’s stock after purchasing an additional 4,003 shares during the period. Cary Street Partners Financial LLC’s holdings in SPDR S&P Dividend ETF were worth $2,046,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its position in shares of 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 valued at $425,298,000 after acquiring an additional 119,562 shares during the period. Joel Isaacson & Co. LLC grew its position 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 valued at $388,038,000 after acquiring an additional 121,368 shares during the period. UBS Group AG boosted its holdings in SPDR S&P Dividend ETF by 10.5% in the 3rd quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after buying an additional 165,053 shares during the period. MAI Capital Management boosted its holdings in SPDR S&P Dividend ETF by 0.7% in the 3rd quarter. MAI Capital Management now owns 772,382 shares of the company’s stock worth $108,172,000 after buying an additional 5,300 shares during the period. Finally, Pathstone Holdings LLC boosted its holdings in SPDR S&P Dividend ETF by 1.1% in the 3rd quarter. Pathstone Holdings LLC now owns 768,592 shares of the company’s stock worth $107,641,000 after buying an additional 8,380 shares during the period. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.1%

SDY opened at $150.03 on Thursday. SPDR S&P Dividend ETF has a 12 month low of $132.89 and a 12 month high of $156.39. The company has a market cap of $21.96 billion, a PE ratio of 19.85 and a beta of 0.71. The company has a 50 day moving average of $147.44 and a 200 day moving average of $146.05.

SPDR S&P Dividend ETF Company 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.