Mercer Global Advisors Inc. ADV Has $12.36 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mercer Global Advisors Inc. ADV raised its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 104,273 shares of the company’s stock after buying an additional 3,261 shares during the quarter. Mercer Global Advisors Inc. ADV owned about 0.07% of SPDR S&P Dividend ETF worth $12,362,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in SDY. Joel Isaacson & Co. LLC lifted its stake in SPDR S&P Dividend ETF by 0.6% in the 1st quarter. Joel Isaacson & Co. LLC now owns 2,387,293 shares of the company’s stock valued at $313,308,000 after acquiring an additional 13,755 shares in the last quarter. Pathstone Holdings LLC bought a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth $94,819,000. Cetera Investment Advisers boosted its holdings in SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after purchasing an additional 509,007 shares during the last quarter. MAI Capital Management boosted its holdings in SPDR S&P Dividend ETF by 1.4% during the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock worth $69,220,000 after purchasing an additional 7,095 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 427,206 shares of the company’s stock valued at $53,388,000 after purchasing an additional 3,328 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $141.10 on Friday. The company’s 50-day moving average price is $135.87 and its two-hundred day moving average price is $131.11. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $142.14. The stock has a market capitalization of $22.32 billion, a PE ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Profile

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.