Integrated Wealth Concepts LLC Has $3.34 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Integrated Wealth Concepts LLC raised its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,525 shares of the company’s stock after purchasing an additional 188 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in SPDR S&P Dividend ETF were worth $3,342,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Hilltop Holdings Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 42.4% in the 3rd quarter. Hilltop Holdings Inc. now owns 6,552 shares of the company’s stock worth $931,000 after purchasing an additional 1,950 shares during the last quarter. Chevy Chase Trust Holdings LLC acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at about $207,000. Benjamin Edwards Inc. bought a new stake in SPDR S&P Dividend ETF during the third quarter worth about $2,721,000. FSA Wealth Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth approximately $3,488,000. Finally, Tradition Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $218,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $141.06 on Friday. The stock’s 50 day simple moving average is $141.21 and its 200 day simple moving average is $135.89. SPDR S&P Dividend ETF has a one year low of $120.69 and a one year high of $144.45. The firm has a market cap of $22.32 billion, a PE ratio of 19.72 and a beta of 0.68.

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.