Strategic Family Wealth Counselors L.L.C. Reduces Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Strategic Family Wealth Counselors L.L.C. trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 58,224 shares of the company’s stock after selling 356 shares during the quarter. SPDR S&P Dividend ETF makes up 2.5% of Strategic Family Wealth Counselors L.L.C.’s investment portfolio, making the stock its 12th largest position. Strategic Family Wealth Counselors L.L.C.’s holdings in SPDR S&P Dividend ETF were worth $7,691,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Vestmark Advisory Solutions Inc. raised its position in shares of SPDR S&P Dividend ETF by 33.5% during the 4th quarter. Vestmark Advisory Solutions Inc. now owns 3,098 shares of the company’s stock worth $409,000 after acquiring an additional 778 shares in the last quarter. Raymond James Financial Inc. purchased a new position in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $397,657,000. Assetmark Inc. raised its holdings in SPDR S&P Dividend ETF by 267,004.3% during the fourth quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock worth $89,623,000 after purchasing an additional 678,191 shares in the last quarter. J.Safra Asset Management Corp lifted its position in shares of SPDR S&P Dividend ETF by 1.1% during the 4th quarter. J.Safra Asset Management Corp now owns 347,669 shares of the company’s stock worth $45,774,000 after buying an additional 3,742 shares during the last quarter. Finally, Disciplined Investments LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 12.2% in the 4th quarter. Disciplined Investments LLC now owns 4,654 shares of the company’s stock valued at $615,000 after buying an additional 506 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $136.45 on Friday. The firm’s fifty day moving average price is $133.98 and its 200 day moving average price is $137.77. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45. The company has a market capitalization of $20.41 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88.

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.