Seamount Financial Group Inc. Has $1.05 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Seamount Financial Group Inc. raised its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,947 shares of the company’s stock after purchasing an additional 590 shares during the quarter. Seamount Financial Group Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,050,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. International Assets Investment Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. lifted 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. Argent Capital Management LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter worth approximately $14,644,000. Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth $11,505,000. Finally, Synovus Financial Corp raised its holdings in shares of SPDR S&P Dividend ETF by 88.6% during the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after purchasing an additional 42,078 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.5 %

SDY stock opened at $132.90 on Friday. The firm has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45. The company has a fifty day simple moving average of $134.74 and a 200 day simple moving average of $137.44.

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.