SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Market Street Wealth Management Advisors LLC

Market Street Wealth Management Advisors LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 21.2% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,848 shares of the company’s stock after selling 1,306 shares during the period. Market Street Wealth Management Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $640,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. AE Wealth Management LLC lifted its holdings in SPDR S&P Dividend ETF by 51.8% in the second quarter. AE Wealth Management LLC now owns 4,721 shares of the company’s stock valued at $600,000 after acquiring an additional 1,612 shares during the period. Thrivent Financial for Lutherans lifted its stake in shares of SPDR S&P Dividend ETF by 5.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 23,883 shares of the company’s stock valued at $3,037,000 after purchasing an additional 1,204 shares during the period. Evergreen Capital Management LLC boosted its holdings in SPDR S&P Dividend ETF by 3.6% during the second quarter. Evergreen Capital Management LLC now owns 13,695 shares of the company’s stock worth $1,742,000 after buying an additional 470 shares in the last quarter. Insigneo Advisory Services LLC grew its position in SPDR S&P Dividend ETF by 112.8% during the second quarter. Insigneo Advisory Services LLC now owns 4,083 shares of the company’s stock valued at $536,000 after buying an additional 2,164 shares during the period. Finally, Drucker Wealth 3.0 LLC purchased a new position in SPDR S&P Dividend ETF in the second quarter valued at $2,404,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $133.37 on Thursday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The company has a market cap of $21.10 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a 50-day simple moving average of $136.34 and a two-hundred day simple moving average of $137.16.

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.