Johnson Investment Counsel Inc. Buys 665 Shares of SPDR S&P Dividend ETF $SDY

Johnson Investment Counsel Inc. grew its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.3% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,255 shares of the company’s stock after purchasing an additional 665 shares during the quarter. Johnson Investment Counsel Inc.’s holdings in SPDR S&P Dividend ETF were worth $3,971,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Mesirow Financial Investment Management Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 1.5% in the first quarter. Mesirow Financial Investment Management Inc. now owns 104,104 shares of the company’s stock valued at $14,125,000 after purchasing an additional 1,491 shares in the last quarter. Novem Group lifted its holdings in shares of SPDR S&P Dividend ETF by 0.3% in the second quarter. Novem Group now owns 29,191 shares of the company’s stock valued at $3,962,000 after purchasing an additional 100 shares in the last quarter. Gunma Bank Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 27.3% in the first quarter. Gunma Bank Ltd. now owns 65,300 shares of the company’s stock valued at $8,860,000 after purchasing an additional 14,000 shares in the last quarter. Beacon Investment Advisory Services Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 16.2% in the second quarter. Beacon Investment Advisory Services Inc. now owns 2,863 shares of the company’s stock valued at $389,000 after purchasing an additional 400 shares in the last quarter. Finally, Destiny Wealth Partners LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 1.4% in the second quarter. Destiny Wealth Partners LLC now owns 69,821 shares of the company’s stock valued at $9,477,000 after purchasing an additional 933 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 1.1%

SDY stock opened at $137.47 on Monday. The firm has a market capitalization of $19.84 billion, a PE ratio of 19.85 and a beta of 0.86. The stock’s 50 day moving average is $139.99 and its 200-day moving average is $136.11. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45.

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.