Mine & Arao Wealth Creation & Management LLC. Boosts Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mine & Arao Wealth Creation & Management LLC. grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.5% in the fourth quarter, HoldingsChannel reports. The fund owned 36,277 shares of the company’s stock after buying an additional 2,828 shares during the period. SPDR S&P Dividend ETF accounts for 2.2% of Mine & Arao Wealth Creation & Management LLC.’s portfolio, making the stock its 9th largest position. Mine & Arao Wealth Creation & Management LLC.’s holdings in SPDR S&P Dividend ETF were worth $4,792,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SDY. Joel Isaacson & Co. LLC grew its stake in SPDR S&P Dividend ETF by 1.2% during the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after buying an additional 30,381 shares in the last quarter. International Assets Investment Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. increased its stake in SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after acquiring an additional 122,858 shares during the last quarter. Destination Wealth Management raised its position in SPDR S&P Dividend ETF by 0.3% during the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after purchasing an additional 2,366 shares in the last quarter. Finally, Elk River Wealth Management LLC lifted its stake in SPDR S&P Dividend ETF by 2.2% during the third quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock worth $54,690,000 after purchasing an additional 8,194 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $135.23 on Friday. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45. The firm has a market cap of $21.39 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business’s fifty day moving average is $135.80 and its 200-day moving average is $137.39.

About SPDR S&P Dividend ETF

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.