Premier Path Wealth Partners LLC Raises Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Premier Path Wealth Partners LLC lifted its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 77.3% during the fourth quarter, HoldingsChannel.com reports. The firm owned 2,517 shares of the company’s stock after purchasing an additional 1,097 shares during the period. Premier Path Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $332,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in SDY. International Assets Investment Management LLC raised its holdings in SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR S&P Dividend ETF by 13.5% in the third 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 in the last quarter. Argent Capital Management LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth $14,644,000. Sanctuary Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter worth $10,044,000. Finally, Synovus Financial Corp boosted its position in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after buying an additional 42,078 shares in the last quarter.

SPDR S&P Dividend ETF Trading Up 0.5 %

NYSEARCA:SDY opened at $133.77 on Friday. The company has a market capitalization of $21.16 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a 50-day moving average price of $136.76 and a two-hundred day moving average price of $136.93. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

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.