Vertex Planning Partners LLC Has $336,000 Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Vertex Planning Partners LLC boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,546 shares of the company’s stock after purchasing an additional 149 shares during the period. Vertex Planning Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $336,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of SDY. Blair William & Co. IL increased its stake in shares of SPDR S&P Dividend ETF by 1.6% in the fourth quarter. Blair William & Co. IL now owns 76,005 shares of the company’s stock valued at $10,040,000 after buying an additional 1,165 shares in the last quarter. Rockbridge Investment Management LCC bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $303,000. JPMorgan Chase & Co. lifted its position in shares of SPDR S&P Dividend ETF by 63.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock worth $223,073,000 after purchasing an additional 652,619 shares in the last quarter. Aire Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $454,000. Finally, Bay Capital Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at approximately $906,000.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $135.13 on Friday. The stock has a market capitalization of $20.11 billion, a PE ratio of 20.91 and a beta of 0.87. The company has a 50 day moving average price of $135.16 and a 200 day moving average price of $137.45. SPDR S&P Dividend ETF has a fifty-two week low of $124.37 and a fifty-two week high of $144.45.

SPDR S&P Dividend ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a $0.8184 dividend. The ex-dividend date was Monday, March 24th.

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.