SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by TL Private Wealth

TL Private Wealth trimmed its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.5% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 40,602 shares of the company’s stock after selling 1,477 shares during the period. SPDR S&P Dividend ETF accounts for approximately 2.4% of TL Private Wealth’s holdings, making the stock its 10th largest holding. TL Private Wealth’s holdings in SPDR S&P Dividend ETF were worth $5,353,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SDY. International Assets Investment Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares during the last quarter. Argent Capital Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $14,644,000. Sanctuary Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth $10,044,000. Finally, Synovus Financial Corp raised its position in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after buying an additional 42,078 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.5 %

SDY stock opened at $133.77 on Friday. The company has a market cap of $21.16 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average price of $136.76 and a two-hundred day moving average price of $136.93. SPDR S&P Dividend ETF has a 12-month low of $121.52 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.