SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating) by 19.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 41,000 shares of the company’s stock after selling 10,000 shares during the period. Mirae Asset Global Investments Co. Ltd.’s holdings in SPDR S&P Dividend ETF were worth $5,253,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in SDY. JPMorgan Chase & Co. lifted its position in SPDR S&P Dividend ETF by 116.5% in the first quarter. JPMorgan Chase & Co. now owns 290,695 shares of the company’s stock worth $37,241,000 after purchasing an additional 2,048,201 shares during the period. Richard Bernstein Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the first quarter worth approximately $88,635,000. Envestnet Asset Management Inc. lifted its position in SPDR S&P Dividend ETF by 21.3% in the first quarter. Envestnet Asset Management Inc. now owns 1,925,698 shares of the company’s stock worth $246,701,000 after purchasing an additional 337,723 shares during the period. Cambridge Investment Research Advisors Inc. lifted its position in SPDR S&P Dividend ETF by 56.8% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 497,369 shares of the company’s stock worth $63,718,000 after purchasing an additional 180,105 shares during the period. Finally, UBS Group AG lifted its position in SPDR S&P Dividend ETF by 9.1% in the first quarter. UBS Group AG now owns 1,863,740 shares of the company’s stock worth $238,763,000 after purchasing an additional 154,885 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.9 %

Shares of NYSEARCA:SDY opened at $117.26 on Friday. SPDR S&P Dividend ETF has a one year low of $113.22 and a one year high of $133.22. The stock has a fifty day moving average of $124.99 and a 200-day moving average of $124.63.

SPDR S&P Dividend ETF Profile

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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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