SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Linscomb & Williams Inc.

Linscomb & Williams Inc. cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 320,482 shares of the company’s stock after selling 18,130 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.2% of Linscomb & Williams Inc.’s portfolio, making the stock its 10th largest position. Linscomb & Williams Inc.’s holdings in SPDR S&P Dividend ETF were worth $40,051,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Simplex Trading LLC raised its stake in SPDR S&P Dividend ETF by 51.0% during the third quarter. Simplex Trading LLC now owns 1,069 shares of the company’s stock valued at $122,000 after buying an additional 361 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of SPDR S&P Dividend ETF by 24.3% during the third quarter. Larson Financial Group LLC now owns 1,574 shares of the company’s stock valued at $181,000 after purchasing an additional 308 shares during the last quarter. US Bancorp DE raised its position in shares of SPDR S&P Dividend ETF by 1.2% during the 3rd quarter. US Bancorp DE now owns 96,366 shares of the company’s stock worth $11,084,000 after purchasing an additional 1,117 shares during the period. Corient Private Wealth LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 13.9% in the 3rd quarter. Corient Private Wealth LLC now owns 117,968 shares of the company’s stock worth $13,567,000 after purchasing an additional 14,424 shares during the last quarter. Finally, NBC Securities Inc. acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $394,000.

SPDR S&P Dividend ETF Stock Up 0.3 %

NYSEARCA SDY traded up $0.36 during trading hours on Friday, hitting $129.52. The company had a trading volume of 418,347 shares, compared to its average volume of 355,844. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $132.49. The firm has a market cap of $20.49 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a fifty day simple moving average of $129.04 and a 200-day simple moving average of $125.17.

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.