Corient Private Wealth LLC Purchases 4,548 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Corient Private Wealth LLC raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 90,111 shares of the company’s stock after acquiring an additional 4,548 shares during the quarter. Corient Private Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $11,544,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Raymond James Financial Inc. bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $397,657,000. Joel Isaacson & Co. LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 2.2% in the fourth 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. Commonwealth Equity Services LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 2.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock worth $145,831,000 after acquiring an additional 30,488 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P Dividend ETF by 13.5% in 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 during the last quarter. Finally, Destination Wealth Management lifted its holdings 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 during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.2 %

SDY stock opened at $135.82 on Thursday. The stock has a market capitalization of $20.21 billion, a P/E ratio of 20.91 and a beta of 0.87. 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 50-day moving average price of $134.72 and a 200-day moving average price of $137.63.

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.