SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Capasso Planning Partners LLC

Capasso Planning Partners LLC lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.9% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,466 shares of the company’s stock after selling 954 shares during the period. Capasso Planning Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $326,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the company. Ritholtz Wealth Management raised its holdings in SPDR S&P Dividend ETF by 9.7% in 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 during the last quarter. Empowered Funds LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at $67,000. Franklin Resources Inc. grew its position in shares of SPDR S&P Dividend ETF by 2.2% in 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 during the period. FSA Wealth Management LLC acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at $3,488,000. Finally, Citigroup Inc. lifted its position in SPDR S&P Dividend ETF by 16.0% during the third quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock worth $3,659,000 after buying an additional 3,551 shares during the period.

SPDR S&P Dividend ETF Trading Down 2.2 %

Shares of NYSEARCA:SDY opened at $135.35 on Wednesday. The firm has a market cap of $20.25 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88. The stock’s 50-day moving average price is $134.30 and its two-hundred day moving average price is $137.79. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45.

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.