MPS Loria Financial Planners LLC Reduces Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

MPS Loria Financial Planners LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the fourth quarter, HoldingsChannel reports. The firm owned 10,165 shares of the company’s stock after selling 155 shares during the quarter. SPDR S&P Dividend ETF accounts for 0.4% of MPS Loria Financial Planners LLC’s portfolio, making the stock its 23rd biggest position. MPS Loria Financial Planners LLC’s holdings in SPDR S&P Dividend ETF were worth $1,343,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the third quarter worth $32,000. Assetmark Inc. lifted its position in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period. Strategic Investment Solutions Inc. IL boosted its holdings in SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $38,000.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $131.84 on Thursday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The stock has a 50-day simple moving average of $137.25 and a two-hundred day simple moving average of $136.94. The firm has a market capitalization of $20.86 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.