Apollon Wealth Management LLC Has $2.26 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Apollon Wealth Management LLC increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 17,106 shares of the company’s stock after acquiring an additional 443 shares during the period. Apollon Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,260,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SDY. Joel Isaacson & Co. LLC lifted its position in SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after acquiring an additional 54,648 shares during the last quarter. International Assets Investment Management LLC grew its holdings in SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. increased its position in SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after buying an additional 122,858 shares during the period. Destination Wealth Management lifted its holdings 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 buying an additional 2,366 shares during the last quarter. Finally, Elk River Wealth Management LLC raised its stake in SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock valued at $54,690,000 after purchasing an additional 8,194 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $132.90 on Monday. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45. The stock has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. The firm has a 50-day simple moving average of $134.52 and a 200 day simple moving average of $137.49.

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.