SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Collective Family Office LLC

Collective Family Office LLC cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Get Rating) by 33.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,948 shares of the company’s stock after selling 1,000 shares during the quarter. Collective Family Office LLC’s holdings in SPDR S&P Dividend ETF were worth $244,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Assetmark Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $112,686,000. First Republic Investment Management Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 43.4% in the 3rd quarter. First Republic Investment Management Inc. now owns 1,860,590 shares of the company’s stock valued at $207,456,000 after purchasing an additional 563,103 shares in the last quarter. Mizuho Bank Ltd. acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $45,102,000. Royal Bank of Canada raised its holdings in shares of SPDR S&P Dividend ETF by 9.1% in the 3rd quarter. Royal Bank of Canada now owns 2,496,331 shares of the company’s stock valued at $278,341,000 after purchasing an additional 208,531 shares in the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of SPDR S&P Dividend ETF by 11.1% in the 2nd quarter. Wells Fargo & Company MN now owns 1,928,292 shares of the company’s stock valued at $228,869,000 after purchasing an additional 193,018 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 1.7 %

Shares of SDY opened at $118.75 on Friday. SPDR S&P Dividend ETF has a twelve month low of $110.55 and a twelve month high of $133.22. The firm’s fifty day simple moving average is $126.96 and its 200-day simple moving average is $124.36. The firm has a market capitalization of $24.21 billion, a price-to-earnings ratio of 14.72 and a beta of 0.86.

About SPDR S&P Dividend ETF

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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.