Transcend Capital Advisors LLC Has $4.50 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Transcend Capital Advisors LLC lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,072 shares of the company’s stock after selling 2,486 shares during the quarter. Transcend Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $4,501,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Joel Isaacson & Co. LLC increased its stake 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 purchasing an additional 54,648 shares during the period. International Assets Investment Management LLC increased its position 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 worth $166,797,000 after buying an additional 1,165,660 shares during the period. JPMorgan Chase & Co. lifted its holdings 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 buying an additional 122,858 shares during the last quarter. Destination Wealth Management boosted its position 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 valued at $99,488,000 after acquiring an additional 2,366 shares during the period. Finally, Elk River Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.6% in the fourth quarter. Elk River Wealth Management LLC now owns 395,119 shares of the company’s stock valued at $52,196,000 after acquiring an additional 10,095 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of SDY stock opened at $136.66 on Friday. The firm has a market capitalization of $21.62 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $124.12 and a 1 year high of $144.45. The firm’s fifty day simple moving average is $133.45 and its 200 day simple moving average is $137.52.

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.