Flagship Harbor Advisors LLC increased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,127 shares of the company’s stock after buying an additional 540 shares during the period. SPDR S&P Dividend ETF comprises about 1.0% of Flagship Harbor Advisors LLC’s holdings, making the stock its 12th largest position. Flagship Harbor Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $4,983,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SDY. Cetera Advisor Networks LLC raised its stake in SPDR S&P Dividend ETF by 4.4% in the 4th quarter. Cetera Advisor Networks LLC now owns 103,394 shares of the company’s stock valued at $9,262,000 after purchasing an additional 4,337 shares during the last quarter. Coastline Trust Co raised its stake in SPDR S&P Dividend ETF by 3.1% in the 4th quarter. Coastline Trust Co now owns 21,473 shares of the company’s stock valued at $1,922,000 after purchasing an additional 650 shares during the last quarter. PFS Investments Inc. acquired a new position in SPDR S&P Dividend ETF in the 4th quarter valued at about $13,251,000. Thrivent Financial for Lutherans acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at about $248,000. Finally, Neuberger Berman Group LLC raised its stake in SPDR S&P Dividend ETF by 51.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 20,467 shares of the company’s stock valued at $2,004,000 after purchasing an additional 6,974 shares during the last quarter.

SDY stock traded down $0.19 during trading on Monday, hitting $101.10. The stock had a trading volume of 303,319 shares, compared to its average volume of 786,070. SPDR S&P Dividend ETF has a 1-year low of $84.28 and a 1-year high of $101.45.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 18th were paid a dividend of $0.5309 per share. This represents a $2.12 dividend on an annualized basis and a dividend yield of 2.10%. The ex-dividend date was Friday, March 15th.

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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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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