TD Private Client Wealth LLC Sells 10,140 Shares of SPDR S&P Dividend ETF $SDY

TD Private Client Wealth LLC lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 83,160 shares of the company’s stock after selling 10,140 shares during the quarter. TD Private Client Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $11,573,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. CVA Family Office LLC increased its stake in SPDR S&P Dividend ETF by 60.0% in the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after buying an additional 75 shares in the last quarter. Flagship Wealth Advisors LLC increased its stake in SPDR S&P Dividend ETF by 625.0% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after buying an additional 175 shares in the last quarter. Compass Financial Services Inc purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth $29,000. Delos Wealth Advisors LLC purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth $34,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $146.11 on Monday. SPDR S&P Dividend ETF has a 52-week low of $131.96 and a 52-week high of $156.39. The firm has a market capitalization of $21.38 billion, a PE ratio of 19.85 and a beta of 0.71. The stock has a fifty day simple moving average of $147.60 and a two-hundred day simple moving average of $145.37.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.