Oak Harbor Wealth Partners LLC Has $447,000 Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Oak Harbor Wealth Partners LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 30.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,580 shares of the company’s stock after selling 1,567 shares during the period. Oak Harbor Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $447,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SDY. Frazier Financial Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $27,000. Central Valley Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $509,000. King Luther Capital Management Corp bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $201,000. Crewe Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 8.4% during the 4th quarter. Crewe Advisors LLC now owns 3,646 shares of the company’s stock worth $456,000 after purchasing an additional 282 shares during the last quarter. Finally, Assetmark Inc. boosted its stake in SPDR S&P Dividend ETF by 280.5% in the 4th quarter. Assetmark Inc. now owns 1,408 shares of the company’s stock valued at $176,000 after purchasing an additional 1,038 shares during the period.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY traded up $0.23 on Friday, reaching $129.39. The stock had a trading volume of 300,031 shares, compared to its average volume of 354,593. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $132.49. The company has a market cap of $20.47 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a fifty day moving average of $129.00 and a two-hundred day moving average of $125.00.

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.