Mitchell Mcleod Pugh & Williams Inc. Has $2.42 Million Stock Position in SPDR S&P Dividend ETF $SDY

Mitchell Mcleod Pugh & Williams Inc. lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 108.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 15,793 shares of the company’s stock after buying an additional 8,200 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,423,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of SDY. UBS Group AG lifted its stake in shares of SPDR S&P Dividend ETF by 10.5% in the third 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 last quarter. Orion Porfolio Solutions LLC lifted its stake in shares of SPDR S&P Dividend ETF by 70.0% in the second quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock worth $47,432,000 after buying an additional 143,853 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 126.6% in the third 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 during the last quarter. Joel Isaacson & Co. LLC lifted its stake in shares of SPDR S&P Dividend ETF by 4.6% in the fourth quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock worth $388,038,000 after buying an additional 121,368 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 4.0% in the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after buying an additional 119,562 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Trading Down 0.4%

Shares of SPDR S&P Dividend ETF stock opened at $150.18 on Thursday. The firm has a fifty day simple moving average of $148.23 and a 200-day simple moving average of $146.88. SPDR S&P Dividend ETF has a 1-year low of $132.89 and a 1-year high of $156.39. The stock has a market capitalization of $21.98 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69.

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.