Dakota Wealth Management Has $1.25 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Dakota Wealth Management lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 9,476 shares of the company’s stock after selling 722 shares during the quarter. Dakota Wealth Management’s holdings in SPDR S&P Dividend ETF were worth $1,252,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SDY. Joel Isaacson & Co. LLC increased its position in shares of SPDR S&P Dividend ETF by 1.2% during the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after acquiring an additional 30,381 shares in the last quarter. International Assets Investment Management LLC increased its position in shares of SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR S&P Dividend ETF by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Destination Wealth Management increased its position 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 acquiring an additional 2,366 shares in the last quarter. Finally, Creative Planning increased its position in shares of SPDR S&P Dividend ETF by 1.1% during the second quarter. Creative Planning now owns 461,739 shares of the company’s stock worth $58,724,000 after acquiring an additional 4,963 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $133.92 on Friday. The firm has a 50-day moving average of $136.34 and a 200-day moving average of $137.16. The company has a market cap of $21.19 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45.

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.