SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Purchased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% in the 4th quarter, Holdings Channel reports. The firm owned 56,283 shares of the company’s stock after purchasing an additional 487 shares during the period. Cornerstone Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $7,435,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDY. Joel Isaacson & Co. LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1.2% in the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after purchasing an additional 30,381 shares during the period. International Assets Investment Management LLC lifted its holdings in SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. boosted 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 valued at $147,161,000 after buying an additional 122,858 shares during the period. Destination Wealth Management grew its stake in shares of SPDR S&P Dividend ETF by 0.3% in 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 during the period.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of NYSEARCA SDY opened at $133.92 on Friday. The stock has a market cap of $21.19 billion, a P/E ratio of 19.72 and a beta of 0.68. The business’s fifty day simple moving average is $136.34 and its 200-day simple moving average is $137.16. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45.

SPDR S&P Dividend ETF 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.