Millburn Ridgefield Corp Buys 1,364 Shares of SPDR S&P Dividend ETF (SDY)

Millburn Ridgefield Corp increased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 22.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,485 shares of the company’s stock after acquiring an additional 1,364 shares during the period. Millburn Ridgefield Corp’s holdings in SPDR S&P Dividend ETF were worth $733,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDY. Cornerstone Wealth Management LLC grew its position in SPDR S&P Dividend ETF by 61,823.7% in the second quarter. Cornerstone Wealth Management LLC now owns 6,701,997 shares of the company’s stock worth $72,390,000 after acquiring an additional 6,691,174 shares in the last quarter. Financial Counselors Inc. grew its position in SPDR S&P Dividend ETF by 880.1% in the second quarter. Financial Counselors Inc. now owns 1,806,780 shares of the company’s stock worth $16,749,000 after acquiring an additional 1,622,433 shares in the last quarter. Raymond James & Associates grew its position in SPDR S&P Dividend ETF by 3.9% in the second quarter. Raymond James & Associates now owns 3,705,839 shares of the company’s stock worth $343,532,000 after acquiring an additional 138,210 shares in the last quarter. Moneta Group Investment Advisors LLC grew its position in SPDR S&P Dividend ETF by 33.0% in the second quarter. Moneta Group Investment Advisors LLC now owns 432,846 shares of the company’s stock worth $36,049,000 after acquiring an additional 107,384 shares in the last quarter. Finally, David R. Rahn & Associates Inc. purchased a new position in SPDR S&P Dividend ETF in the third quarter worth about $4,650,000.

SDY traded up $0.44 on Friday, hitting $94.90. The company had a trading volume of 222 shares, compared to its average volume of 502,848. SPDR S&P Dividend ETF has a 12-month low of $87.95 and a 12-month high of $100.07.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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