SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Wilbanks Smith & Thomas Asset Management LLC

Wilbanks Smith & Thomas Asset Management LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 26.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,975 shares of the company’s stock after selling 1,411 shares during the quarter. Wilbanks Smith & Thomas Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $497,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of SDY. Howe & Rusling Inc. purchased a new position in SPDR S&P Dividend ETF in the 4th quarter valued at $130,000. Mine & Arao Wealth Creation & Management LLC. raised its position in shares of SPDR S&P Dividend ETF by 6.4% in the fourth quarter. Mine & Arao Wealth Creation & Management LLC. now owns 26,408 shares of the company’s stock valued at $3,300,000 after buying an additional 1,589 shares during the last quarter. Berry Wealth Group LP purchased a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $870,000. Brighton Jones LLC boosted its position in SPDR S&P Dividend ETF by 11.1% during the fourth quarter. Brighton Jones LLC now owns 18,121 shares of the company’s stock worth $2,265,000 after acquiring an additional 1,810 shares during the last quarter. Finally, Certuity LLC grew its stake in SPDR S&P Dividend ETF by 50.6% during the 4th quarter. Certuity LLC now owns 4,690 shares of the company’s stock valued at $586,000 after acquiring an additional 1,576 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $128.60 on Friday. The stock has a 50 day moving average price of $127.80 and a 200 day moving average price of $123.10. The stock has a market cap of $20.34 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $131.67.

SPDR S&P Dividend ETF Company 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.