SPDR S&P Dividend ETF $SDY Shares Acquired by Ameritas Advisory Services LLC

Ameritas Advisory Services LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 47.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 28,555 shares of the company’s stock after buying an additional 9,154 shares during the quarter. Ameritas Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $3,999,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its position in SPDR S&P Dividend ETF by 125.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,451,468 shares of the company’s stock valued at $197,008,000 after acquiring an additional 7,179,596 shares in the last quarter. Benjamin Edwards Inc. lifted its position in shares of SPDR S&P Dividend ETF by 851.4% during the second quarter. Benjamin Edwards Inc. now owns 187,705 shares of the company’s stock worth $25,477,000 after purchasing an additional 167,975 shares in the last quarter. PNC Financial Services Group Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 35.0% in the second quarter. PNC Financial Services Group Inc. now owns 574,419 shares of the company’s stock valued at $77,966,000 after purchasing an additional 148,984 shares during the period. Orion Porfolio Solutions LLC grew its holdings in shares of SPDR S&P Dividend ETF by 70.0% in the second quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock valued at $47,432,000 after purchasing an additional 143,853 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 4.0% in the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after purchasing an additional 119,562 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 0.5%

Shares of SDY opened at $154.11 on Friday. The company has a market cap of $21.85 billion, a P/E ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $156.06. The firm’s 50 day moving average price is $144.52 and its 200 day moving average price is $141.09.

About SPDR S&P Dividend ETF

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.