49,121 Shares in SPDR S&P Dividend ETF $SDY Acquired by Koenig Investment Advisory LLC

Koenig Investment Advisory LLC acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 49,121 shares of the company’s stock, valued at approximately $6,836,000. SPDR S&P Dividend ETF makes up about 5.6% of Koenig Investment Advisory LLC’s investment portfolio, making the stock its 8th largest position.

Several other large investors have also recently added to or reduced their stakes in SDY. Morgan Stanley boosted its stake in shares of SPDR S&P Dividend ETF by 2.0% during the 4th quarter. Morgan Stanley now owns 4,840,696 shares of the company’s stock valued at $673,631,000 after buying an additional 95,878 shares during the period. Raymond James Financial Inc. increased 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 acquiring an additional 119,562 shares during the last quarter. Joel Isaacson & Co. LLC raised its holdings in shares of SPDR S&P Dividend ETF by 4.6% during the fourth quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock worth $388,038,000 after acquiring an additional 121,368 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of SPDR S&P Dividend ETF by 1.9% during the fourth quarter. Wells Fargo & Company MN now owns 2,076,605 shares of the company’s stock worth $288,980,000 after acquiring an additional 39,572 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of SPDR S&P Dividend ETF by 10.5% during the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after acquiring an additional 165,053 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $150.50 on Friday. The business’s 50-day moving average price is $148.96 and its two-hundred day moving average price is $147.43. SPDR S&P Dividend ETF has a one year low of $132.89 and a one year high of $156.39. The company has a market capitalization of $22.03 billion, a P/E ratio of 19.85 and a beta of 0.69.

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.