King Luther Capital Management Corp Has $208,000 Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

King Luther Capital Management Corp lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.6% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,578 shares of the company’s stock after selling 148 shares during the period. King Luther Capital Management Corp’s holdings in SPDR S&P Dividend ETF were worth $208,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Roger Wittlin Investment Advisory LLC lifted its position in SPDR S&P Dividend ETF by 0.6% during the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after acquiring an additional 73 shares during the last quarter. N.E.W. Advisory Services LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after purchasing an additional 76 shares during the last quarter. Avidian Wealth Enterprises LLC increased its position in SPDR S&P Dividend ETF by 4.9% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after buying an additional 76 shares during the period. Good Life Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 1.4% in the fourth quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock valued at $748,000 after acquiring an additional 79 shares during the period. Finally, Rebalance LLC raised its stake in SPDR S&P Dividend ETF by 0.8% during the 4th quarter. Rebalance LLC now owns 10,955 shares of the company’s stock valued at $1,447,000 after purchasing an additional 85 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $134.62 on Friday. The company has a 50-day simple moving average of $134.42 and a 200-day simple moving average of $137.70. The firm has a market capitalization of $20.14 billion, a P/E ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week high of $144.45.

About SPDR S&P Dividend ETF

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.