Whitegate Investment Counselors Inc. Has $7.35 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Whitegate Investment Counselors Inc. cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,827 shares of the company’s stock after selling 167 shares during the period. SPDR S&P Dividend ETF makes up approximately 2.2% of Whitegate Investment Counselors Inc.’s investment portfolio, making the stock its 16th largest holding. Whitegate Investment Counselors Inc.’s holdings in SPDR S&P Dividend ETF were worth $7,352,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. International Assets Investment Management LLC lifted its position in SPDR S&P Dividend ETF by 10,945.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock worth $141,774,000 after buying an additional 1,124,197 shares in the last quarter. Pathstone Family Office LLC raised its holdings in shares of SPDR S&P Dividend ETF by 4,360.9% in the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock valued at $92,216,000 after purchasing an additional 783,834 shares during the period. J.P. Morgan Private Wealth Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF by 18.6% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock valued at $170,015,000 after buying an additional 231,382 shares during the last quarter. Comerica Bank bought a new position in SPDR S&P Dividend ETF during the third quarter worth $17,485,000. Finally, Creative Planning increased its holdings in shares of SPDR S&P Dividend ETF by 14.5% in the third quarter. Creative Planning now owns 525,915 shares of the company’s stock valued at $60,485,000 after purchasing an additional 66,745 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SDY traded up $0.51 on Friday, reaching $128.60. The company had a trading volume of 191,750 shares, compared to its average volume of 370,541. The stock has a market cap of $20.34 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67. The company’s fifty day moving average is $127.86 and its 200 day moving average is $123.19.

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.