Stratos Wealth Partners LTD. Sells 218 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Stratos Wealth Partners LTD. cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 72,312 shares of the company’s stock after selling 218 shares during the period. Stratos Wealth Partners LTD.’s holdings in SPDR S&P Dividend ETF were worth $9,552,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Ritholtz Wealth Management boosted its position in SPDR S&P Dividend ETF by 9.7% during the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock valued at $755,000 after acquiring an additional 505 shares in the last quarter. Key Client Fiduciary Advisors LLC lifted its stake in shares of SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after purchasing an additional 98 shares during the last quarter. Franklin Resources Inc. boosted its position in SPDR S&P Dividend ETF by 2.2% during the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after purchasing an additional 1,222 shares in the last quarter. CX Institutional grew its stake in SPDR S&P Dividend ETF by 4.0% in the third quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after purchasing an additional 2,580 shares during the last quarter. Finally, FSA Wealth Management LLC bought a new position in SPDR S&P Dividend ETF in the third quarter worth about $3,488,000.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $134.21 on Thursday. The firm has a 50-day simple moving average of $135.13 and a two-hundred day simple moving average of $137.49. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The firm has a market cap of $21.23 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.