Riverstone Advisors LLC Sells 125 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Riverstone Advisors LLC lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,680 shares of the company’s stock after selling 125 shares during the period. Riverstone Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in the company. KCM Investment Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF by 7.9% in the 3rd quarter. KCM Investment Advisors LLC now owns 105,752 shares of the company’s stock worth $12,163,000 after buying an additional 7,769 shares in the last quarter. Interchange Capital Partners LLC increased its stake in SPDR S&P Dividend ETF by 5.6% during the fourth quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock worth $703,000 after acquiring an additional 298 shares during the last quarter. Charles Schwab Trust Co raised its position in SPDR S&P Dividend ETF by 64.0% during the fourth quarter. Charles Schwab Trust Co now owns 24,567 shares of the company’s stock valued at $3,070,000 after purchasing an additional 9,587 shares during the period. Raymond James & Associates lifted its stake in shares of SPDR S&P Dividend ETF by 1.5% in the 4th quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock valued at $291,463,000 after purchasing an additional 34,564 shares during the last quarter. Finally, Legacy Advisors LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 4.6% in the 3rd quarter. Legacy Advisors LLC now owns 25,231 shares of the company’s stock worth $2,902,000 after purchasing an additional 1,119 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.5 %

NYSEARCA:SDY traded down $0.57 during midday trading on Tuesday, hitting $124.79. 176,514 shares of the company traded hands, compared to its average volume of 396,109. The firm has a market capitalization of $19.85 billion, a P/E ratio of 19.41 and a beta of 0.73. The firm’s fifty day moving average is $126.95 and its 200-day moving average is $122.01. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67.

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.