MAI Capital Management Has $41.12 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

MAI Capital Management lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating) by 12.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 318,467 shares of the company’s stock after acquiring an additional 35,728 shares during the quarter. MAI Capital Management owned approximately 0.19% of SPDR S&P Dividend ETF worth $41,120,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Alliancebernstein L.P. increased its holdings in SPDR S&P Dividend ETF by 1.0% in the third quarter. Alliancebernstein L.P. now owns 8,271 shares of the company’s stock valued at $972,000 after purchasing an additional 82 shares during the period. Gratus Capital LLC increased its holdings in SPDR S&P Dividend ETF by 1.9% in the fourth quarter. Gratus Capital LLC now owns 4,483 shares of the company’s stock valued at $579,000 after purchasing an additional 85 shares during the period. Alliance Wealth Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 3.8% in the fourth quarter. Alliance Wealth Advisors LLC now owns 2,766 shares of the company’s stock valued at $357,000 after purchasing an additional 100 shares during the period. Ieq Capital LLC increased its holdings in SPDR S&P Dividend ETF by 3.5% in the fourth quarter. Ieq Capital LLC now owns 2,933 shares of the company’s stock valued at $379,000 after purchasing an additional 100 shares during the period. Finally, TFG Advisers LLC increased its holdings in SPDR S&P Dividend ETF by 1.2% in the fourth quarter. TFG Advisers LLC now owns 8,491 shares of the company’s stock valued at $1,096,000 after purchasing an additional 101 shares during the period.

SPDR S&P Dividend ETF stock traded up $2.00 during trading hours on Tuesday, reaching $126.74. 607,055 shares of the company’s stock were exchanged, compared to its average volume of 609,095. The firm’s 50 day simple moving average is $127.05 and its 200 day simple moving average is $126.45. SPDR S&P Dividend ETF has a twelve month low of $116.32 and a twelve month high of $133.22.

SPDR S&P Dividend ETF Profile (Get Rating)

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.

See Also

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

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