TD Private Client Wealth LLC Has $15.20 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

TD Private Client Wealth LLC reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 115,083 shares of the company’s stock after selling 13,256 shares during the period. TD Private Client Wealth LLC owned approximately 0.07% of SPDR S&P Dividend ETF worth $15,202,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $397,657,000. Joel Isaacson & Co. LLC lifted its stake in SPDR S&P Dividend ETF by 2.2% in the fourth quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after buying an additional 54,648 shares during the period. Commonwealth Equity Services LLC boosted its holdings in SPDR S&P Dividend ETF by 2.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock worth $145,831,000 after buying an additional 30,488 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 buying an additional 122,858 shares during the last quarter. Finally, Destination Wealth Management grew its position in shares of SPDR S&P Dividend ETF by 0.3% during the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after buying an additional 2,366 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $135.09 on Friday. The firm’s 50 day simple moving average is $134.81 and its 200 day simple moving average is $137.61. SPDR S&P Dividend ETF has a fifty-two week low of $124.37 and a fifty-two week high of $144.45. The company has a market capitalization of $20.10 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87.

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.