Charles Schwab Investment Management Inc. Purchases Shares of 5,484 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Charles Schwab Investment Management Inc. acquired a new position in SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) in the fourth quarter, Holdings Channel.com reports. The firm acquired 5,484 shares of the company’s stock, valued at approximately $724,000.

Several other institutional investors have also recently modified their holdings of the company. Avion Wealth boosted its stake in SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after buying an additional 125 shares in the last quarter. Kestra Investment Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $31,000. Noble Wealth Management PBC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $32,000. ST Germain D J Co. Inc. purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth $38,000. Finally, Kohmann Bosshard Financial Services LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter worth $40,000.

SPDR S&P Dividend ETF Stock Up 1.0 %

NYSEARCA SDY opened at $135.68 on Tuesday. The company has a 50-day simple moving average of $135.20 and a two-hundred day simple moving average of $137.38. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The firm has a market cap of $20.19 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87.

SPDR S&P Dividend ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a dividend of $0.8184 per share. The ex-dividend date of this dividend was Monday, March 24th.

SPDR S&P Dividend ETF Company Profile

(Free Report)

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

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report).

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

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