OneAscent Financial Services LLC Takes Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

OneAscent Financial Services LLC acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 5,089 shares of the company’s stock, valued at approximately $672,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth $397,657,000. Assetmark Inc. increased its stake 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 valued at $89,623,000 after purchasing an additional 678,191 shares in the last quarter. JPMorgan Chase & Co. increased its stake in SPDR S&P Dividend ETF by 63.0% in the fourth quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock valued at $223,073,000 after purchasing an additional 652,619 shares in the last quarter. Independent Advisor Alliance acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at about $23,435,000. Finally, TigerOak Management L.L.C. bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth about $16,186,000.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $136.08 on Thursday. The stock’s 50 day simple moving average is $135.27 and its 200 day simple moving average is $137.33. The company has a market cap of $20.20 billion, a P/E ratio of 20.96 and a beta of 0.80. SPDR S&P Dividend ETF has a fifty-two week low of $124.37 and a fifty-two week high of $144.45.

SPDR S&P Dividend ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were given a $0.8184 dividend. The ex-dividend date was Monday, March 24th.

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.