Acropolis Investment Management LLC boosted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,447 shares of the company’s stock after acquiring an additional 300 shares during the period. Acropolis Investment Management LLC’s holdings in SPDR S&P Dividend ETF were worth $586,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of SDY. Private Trust Co. NA lifted its stake in SPDR S&P Dividend ETF by 1.2% during the third quarter. Private Trust Co. NA now owns 8,543 shares of the company’s stock worth $876,000 after purchasing an additional 100 shares during the last quarter. Grimes & Company Inc. lifted its position in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Grimes & Company Inc. now owns 2,814 shares of the company’s stock worth $289,000 after purchasing an additional 100 shares in the last quarter. Pacific Sun Financial Corp lifted its position in shares of SPDR S&P Dividend ETF by 1.2% in the third quarter. Pacific Sun Financial Corp now owns 8,553 shares of the company’s stock worth $878,000 after purchasing an additional 103 shares in the last quarter. F3Logic LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 3.3% during the fourth quarter. F3Logic LLC now owns 3,235 shares of the company’s stock worth $347,000 after purchasing an additional 103 shares during the period. Finally, Penobscot Investment Management Company Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 1.3% during the third quarter. Penobscot Investment Management Company Inc. now owns 9,644 shares of the company’s stock worth $990,000 after purchasing an additional 127 shares during the period.

SDY traded up $0.13 on Tuesday, reaching $107.40. 24,439 shares of the company traded hands, compared to its average volume of 758,713. The stock’s 50 day moving average price is $106.92 and its 200-day moving average price is $103.13. SPDR S&P Dividend ETF has a 52-week low of $91.35 and a 52-week high of $108.00.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were paid a $0.792 dividend. This represents a $3.17 annualized dividend and a yield of 2.95%. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from SPDR S&P Dividend ETF’s previous quarterly dividend of $0.53.

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.

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

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