SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Americana Partners LLC

Americana Partners LLC grew its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.5% during the fourth quarter, Holdings Channel.com reports. The firm owned 50,527 shares of the company’s stock after acquiring an additional 4,398 shares during the period. Americana Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $6,675,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of SDY. International Assets Investment Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after purchasing an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. grew 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 valued at $147,161,000 after buying an additional 122,858 shares during the last quarter. TigerOak Management L.L.C. purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $16,186,000. Argent Capital Management LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $14,644,000. Finally, Strategic Financial Concepts LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $11,505,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $134.26 on Monday. The firm’s fifty day moving average price is $133.77 and its 200 day moving average price is $137.51. The company has a market capitalization of $21.24 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $123.32 and a 12 month high of $144.45.

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.