Charles Schwab Trust Co Buys 4,786 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Charles Schwab Trust Co increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 19,020 shares of the company’s stock after acquiring an additional 4,786 shares during the quarter. Charles Schwab Trust Co’s holdings in SPDR S&P Dividend ETF were worth $2,513,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Joel Isaacson & Co. LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after purchasing an additional 30,381 shares during the last quarter. International Assets Investment Management LLC boosted its position in SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after acquiring an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Destination Wealth Management lifted its stake in shares of SPDR S&P Dividend ETF by 0.3% in the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after purchasing an additional 2,366 shares during the period. Finally, Creative Planning boosted its position in shares of SPDR S&P Dividend ETF by 1.1% during the 2nd quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after purchasing an additional 4,963 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $133.77 on Tuesday. The firm has a market cap of $21.16 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45. The business’s 50 day moving average price is $136.76 and its two-hundred day moving average price is $137.08.

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.