BNP Paribas Financial Markets Has $21 Million Holdings in SPDR S&P Dividend ETF $SDY

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

Other hedge funds have also added to or reduced their stakes in the company. Dara Capital US Inc. purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $509,000. HighTower Advisors LLC lifted its position in SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. HighTower Advisors LLC now owns 487,954 shares of the company’s stock worth $68,338,000 after buying an additional 5,687 shares in the last quarter. M&T Bank Corp lifted its position in SPDR S&P Dividend ETF by 8.0% in the 4th quarter. M&T Bank Corp now owns 97,976 shares of the company’s stock worth $13,634,000 after buying an additional 7,228 shares in the last quarter. Coldstream Capital Management Inc. lifted its position in SPDR S&P Dividend ETF by 126.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock worth $31,305,000 after buying an additional 124,864 shares in the last quarter. Finally, Focus Partners Advisor Solutions LLC lifted its position in SPDR S&P Dividend ETF by 71.9% in the 3rd quarter. Focus Partners Advisor Solutions LLC now owns 9,820 shares of the company’s stock worth $1,365,000 after buying an additional 4,109 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 0.3%

SDY stock opened at $149.93 on Friday. 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 $21.94 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. The company has a 50 day moving average of $147.92 and a two-hundred day moving average of $146.54.

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.