Stephens Inc. AR Has $1.48 Million Stake in SPDR S&P Dividend ETF $SDY

Stephens Inc. AR lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 45.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,634 shares of the company’s stock after selling 8,900 shares during the quarter. Stephens Inc. AR’s holdings in SPDR S&P Dividend ETF were worth $1,480,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the company. AlphaCore Capital LLC boosted its position in SPDR S&P Dividend ETF by 12.9% during the fourth quarter. AlphaCore Capital LLC now owns 3,223 shares of the company’s stock valued at $449,000 after acquiring an additional 367 shares during the last quarter. Kapstone Financial Advisors LLC boosted its position in SPDR S&P Dividend ETF by 3.9% during the fourth quarter. Kapstone Financial Advisors LLC now owns 3,806 shares of the company’s stock valued at $530,000 after acquiring an additional 143 shares during the last quarter. WHI TRUST Co LLC bought a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at $52,000. Legacy Financial Group LLC boosted its position in SPDR S&P Dividend ETF by 0.7% during the fourth quarter. Legacy Financial Group LLC now owns 291,534 shares of the company’s stock valued at $44,503,000 after acquiring an additional 1,906 shares during the last quarter. Finally, Thrivent Financial for Lutherans boosted its position in SPDR S&P Dividend ETF by 121.4% during the fourth quarter. Thrivent Financial for Lutherans now owns 17,611 shares of the company’s stock valued at $2,458,000 after acquiring an additional 9,657 shares during the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.0%

Shares of SDY opened at $147.75 on Wednesday. The stock has a market capitalization of $21.62 billion, a P/E ratio of 19.85 and a beta of 0.71. The firm’s fifty day simple moving average is $147.43 and its two-hundred day simple moving average is $145.51. SPDR S&P Dividend ETF has a 12 month low of $131.96 and a 12 month high of $156.39.

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