Ehrlich Financial Group Has $655,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Ehrlich Financial Group boosted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,955 shares of the company’s stock after buying an additional 408 shares during the period. Ehrlich Financial Group’s holdings in SPDR S&P Dividend ETF were worth $655,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in 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 purchasing an additional 122,858 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $10,044,000. Synovus Financial Corp increased its stake in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after purchasing an additional 42,078 shares during the last quarter. Finally, Nwam LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $5,274,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock traded up $1.17 on Monday, hitting $129.91. 302,924 shares of the company’s stock were exchanged, compared to its average volume of 480,282. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The company has a 50 day moving average of $137.58 and a 200 day moving average of $136.89. The stock has a market cap of $20.55 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.