Mesirow Financial Investment Management Inc. Buys 1,525 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mesirow Financial Investment Management Inc. lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,613 shares of the company’s stock after purchasing an additional 1,525 shares during the period. Mesirow Financial Investment Management Inc. owned 0.06% of SPDR S&P Dividend ETF worth $13,555,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in SDY. Raymond James Financial Inc. purchased a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $397,657,000. Assetmark Inc. lifted its position in SPDR S&P Dividend ETF by 267,004.3% during the 4th quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock worth $89,623,000 after acquiring an additional 678,191 shares during the period. JPMorgan Chase & Co. boosted its holdings in 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 buying an additional 122,858 shares in the last quarter. TigerOak Management L.L.C. acquired a new position in SPDR S&P Dividend ETF during the fourth quarter worth $16,186,000. Finally, Private Advisor Group LLC boosted its stake in SPDR S&P Dividend ETF by 84.5% during the 4th quarter. Private Advisor Group LLC now owns 255,882 shares of the company’s stock worth $33,802,000 after purchasing an additional 117,210 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

Shares of SDY opened at $136.45 on Friday. The company’s 50-day moving average price is $133.98 and its 200 day moving average price is $137.77. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The firm has a market cap of $20.41 billion, a P/E ratio of 21.48 and a beta of 0.88.

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.