J.Safra Asset Management Corp Acquires 3,742 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

J.Safra Asset Management Corp raised its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% in the 4th quarter, HoldingsChannel reports. The fund owned 347,669 shares of the company’s stock after acquiring an additional 3,742 shares during the period. SPDR S&P Dividend ETF comprises approximately 3.7% of J.Safra Asset Management Corp’s holdings, making the stock its 10th biggest position. J.Safra Asset Management Corp’s holdings in SPDR S&P Dividend ETF were worth $45,774,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of SDY. Avion Wealth raised its holdings in SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth $31,000. Kestra Investment Management LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter worth $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at $32,000. Finally, Noble Wealth Management PBC acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at $32,000.

SPDR S&P Dividend ETF Trading Down 1.8 %

Shares of SPDR S&P Dividend ETF stock opened at $135.93 on Wednesday. The business has a 50-day moving average price of $133.87 and a two-hundred day moving average price of $137.79. SPDR S&P Dividend ETF has a 1-year low of $124.37 and a 1-year high of $144.45. The company has a market cap of $20.34 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.