Coldstream Capital Management Inc. Has $31.31 Million Position in SPDR S&P Dividend ETF $SDY

Coldstream Capital Management Inc. grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 126.6% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 223,525 shares of the company’s stock after buying an additional 124,864 shares during the quarter. Coldstream Capital Management Inc. owned 0.16% of SPDR S&P Dividend ETF worth $31,305,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James Financial Inc. boosted its position in shares of SPDR S&P Dividend ETF by 4.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after acquiring an additional 119,562 shares in the last quarter. Joel Isaacson & Co. LLC raised its position in SPDR S&P Dividend ETF by 0.8% in the third quarter. Joel Isaacson & Co. LLC now owns 2,667,060 shares of the company’s stock worth $373,522,000 after purchasing an additional 22,123 shares in the last quarter. UBS Group AG raised its position in SPDR S&P Dividend ETF by 10.5% in the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after purchasing an additional 165,053 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in SPDR S&P Dividend ETF by 125.3% during the second quarter. JPMorgan Chase & Co. now owns 1,451,468 shares of the company’s stock worth $197,008,000 after purchasing an additional 7,179,596 shares during the period. Finally, MAI Capital Management lifted its stake in SPDR S&P Dividend ETF by 0.7% during the third quarter. MAI Capital Management now owns 772,382 shares of the company’s stock worth $108,172,000 after purchasing an additional 5,300 shares during the period. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Trading Down 0.1%

NYSEARCA SDY opened at $148.98 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $156.39. The company has a market capitalization of $21.13 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. The stock’s 50 day moving average is $150.33 and its two-hundred day moving average is $143.24.

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.