SPDR S&P Dividend ETF $SDY Stake Lifted by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC grew its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,909,383 shares of the company’s stock after buying an additional 14,962 shares during the quarter. SPDR S&P Dividend ETF accounts for about 12.1% of Joel Isaacson & Co. LLC’s investment portfolio, making the stock its largest holding. Joel Isaacson & Co. LLC’s holdings in SPDR S&P Dividend ETF were worth $426,166,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in SDY. Fifth Third Bancorp grew its holdings in SPDR S&P Dividend ETF by 1,558.7% during the 1st quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock worth $16,794,000 after acquiring an additional 108,140 shares in the last quarter. Associated Banc Corp bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter worth about $15,501,000. International Assets Investment Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 2,324.5% in the 3rd quarter. International Assets Investment Management LLC now owns 110,000 shares of the company’s stock valued at $16,113,000 after purchasing an additional 105,463 shares in the last quarter. Benjamin Edwards Inc. raised its stake in shares of SPDR S&P Dividend ETF by 47.0% in the 2nd quarter. Benjamin Edwards Inc. now owns 286,769 shares of the company’s stock valued at $43,643,000 after purchasing an additional 91,702 shares in the last quarter. Finally, NBT Bank N.A. acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $11,869,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $164.16 on Thursday. The company has a market capitalization of $22.74 billion, a price-to-earnings ratio of 20.27 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $135.85 and a one year high of $166.61. The stock has a 50-day simple moving average of $154.29 and a 200 day simple moving average of $152.27.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.