Freestone Capital Holdings LLC Has $3.20 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Freestone Capital Holdings LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.1% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 24,208 shares of the company’s stock after selling 2,726 shares during the quarter. Freestone Capital Holdings LLC’s holdings in SPDR S&P Dividend ETF were worth $3,198,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at about $397,657,000. Assetmark Inc. increased its holdings in SPDR S&P Dividend ETF by 267,004.3% in the fourth quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock worth $89,623,000 after purchasing an additional 678,191 shares in the last quarter. J.Safra Asset Management Corp increased its holdings in SPDR S&P Dividend ETF by 1.1% in the fourth quarter. J.Safra Asset Management Corp now owns 347,669 shares of the company’s stock worth $45,774,000 after purchasing an additional 3,742 shares in the last quarter. Disciplined Investments LLC increased its holdings in SPDR S&P Dividend ETF by 12.2% in the fourth quarter. Disciplined Investments LLC now owns 4,654 shares of the company’s stock worth $615,000 after purchasing an additional 506 shares in the last quarter. Finally, Synergy Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $62,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of NYSEARCA:SDY opened at $136.54 on Thursday. The stock has a market cap of $20.43 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The business’s 50 day moving average is $133.93 and its 200 day moving average is $137.78.

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.