SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Holdings Boosted by Wells Fargo & Company MN

Wells Fargo & Company MN boosted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 19.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,103,521 shares of the company’s stock after purchasing an additional 335,483 shares during the quarter. Wells Fargo & Company MN owned about 1.33% of SPDR S&P Dividend ETF worth $277,875,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Avion Wealth raised its position in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after buying an additional 125 shares in the last quarter. Kestra Investment Management LLC bought a new stake in SPDR S&P Dividend ETF during the fourth quarter worth approximately $31,000. Noble Wealth Management PBC bought a new position in SPDR S&P Dividend ETF during the 4th quarter valued at $32,000. Rialto Wealth Management LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $34,000. Finally, ST Germain D J Co. Inc. bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth $38,000.

SPDR S&P Dividend ETF Stock Down 5.1 %

Shares of SDY stock opened at $125.88 on Friday. The stock has a 50-day simple moving average of $135.08 and a 200 day simple moving average of $137.17. The stock has a market capitalization of $18.69 billion, a P/E ratio of 20.96 and a beta of 0.80. 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 firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a dividend of $0.8184 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.