Janney Montgomery Scott LLC Has $139.67 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Janney Montgomery Scott LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,057,319 shares of the company’s stock after selling 2,646 shares during the period. Janney Montgomery Scott LLC owned about 0.67% of SPDR S&P Dividend ETF worth $139,672,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Ritholtz Wealth Management grew its position in SPDR S&P Dividend ETF by 9.7% during the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after acquiring an additional 505 shares during the last quarter. Key Client Fiduciary Advisors LLC grew its position in SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after acquiring an additional 98 shares during the last quarter. Franklin Resources Inc. grew its position in SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after acquiring an additional 1,222 shares during the last quarter. CX Institutional grew its position in SPDR S&P Dividend ETF by 4.0% during the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after acquiring an additional 2,580 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P Dividend ETF by 2.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after acquiring an additional 2,705 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 1.2 %

Shares of SDY opened at $133.37 on Thursday. The company has a market capitalization of $21.10 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock’s 50-day moving average price is $136.48 and its two-hundred day moving average price is $137.19.

About SPDR S&P Dividend ETF

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.