SPDR S&P Dividend ETF (SDY) Shares Bought by Baird Financial Group Inc.

Baird Financial Group Inc. increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 80,317 shares of the company’s stock after purchasing an additional 8,211 shares during the quarter. Baird Financial Group Inc.’s holdings in SPDR S&P Dividend ETF were worth $7,857,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in SDY. Millennium Management LLC increased its position in SPDR S&P Dividend ETF by 15.4% during the 1st quarter. Millennium Management LLC now owns 9,378 shares of the company’s stock worth $855,000 after purchasing an additional 1,253 shares in the last quarter. D.A. Davidson & CO. grew its holdings in SPDR S&P Dividend ETF by 24.6% during the 2nd quarter. D.A. Davidson & CO. now owns 42,593 shares of the company’s stock worth $3,948,000 after acquiring an additional 8,396 shares during the last quarter. Sigma Planning Corp grew its holdings in SPDR S&P Dividend ETF by 8.0% during the 2nd quarter. Sigma Planning Corp now owns 23,615 shares of the company’s stock worth $2,189,000 after acquiring an additional 1,746 shares during the last quarter. Shine Investment Advisory Services Inc. grew its holdings in SPDR S&P Dividend ETF by 77.0% during the 2nd quarter. Shine Investment Advisory Services Inc. now owns 2,173 shares of the company’s stock worth $201,000 after acquiring an additional 945 shares during the last quarter. Finally, Financial Counselors Inc. grew its holdings in SPDR S&P Dividend ETF by 880.1% during the 2nd quarter. Financial Counselors Inc. now owns 1,806,780 shares of the company’s stock worth $16,749,000 after acquiring an additional 1,622,433 shares during the last quarter.

SDY opened at $98.58 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $87.95 and a fifty-two week high of $100.07.

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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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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