Intellus Advisors LLC Acquires New Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Intellus Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,597 shares of the company’s stock, valued at approximately $739,000.

Other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at approximately $397,657,000. Assetmark Inc. increased its stake in SPDR S&P Dividend ETF by 267,004.3% in the fourth quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock valued at $89,623,000 after purchasing an additional 678,191 shares in the last quarter. Independent Advisor Alliance acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter worth $23,435,000. JPMorgan Chase & Co. boosted its position in shares of 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 in the last quarter. Finally, TigerOak Management L.L.C. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $16,186,000.

SPDR S&P Dividend ETF Trading Down 0.7 %

Shares of SPDR S&P Dividend ETF stock opened at $134.20 on Friday. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45. The company has a market capitalization of $19.97 billion, a PE ratio of 20.91 and a beta of 0.87. The stock’s fifty day simple moving average is $134.92 and its 200 day simple moving average is $137.57.

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.