Newman Dignan & Sheerar Inc. Sells 184 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Newman Dignan & Sheerar Inc. reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,233 shares of the company’s stock after selling 184 shares during the quarter. Newman Dignan & Sheerar Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,673,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Aveo Capital Partners LLC grew its stake in SPDR S&P Dividend ETF by 1,594.9% in the fourth quarter. Aveo Capital Partners LLC now owns 34,728 shares of the company’s stock valued at $4,588,000 after purchasing an additional 32,679 shares during the last quarter. BXM Wealth LLC purchased a new position in SPDR S&P Dividend ETF in the fourth quarter valued at about $333,000. Nations Financial Group Inc. IA ADV grew its stake in SPDR S&P Dividend ETF by 7.7% in the fourth quarter. Nations Financial Group Inc. IA ADV now owns 2,345 shares of the company’s stock valued at $310,000 after purchasing an additional 168 shares during the last quarter. Root Financial Partners LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $272,000. Finally, Values Added Financial LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $438,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $134.26 on Friday. SPDR S&P Dividend ETF has a fifty-two week low of $123.32 and a fifty-two week high of $144.45. The firm has a market capitalization of $21.24 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock’s 50-day simple moving average is $133.89 and its 200-day simple moving average is $137.49.

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.