SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Neumann Capital Management LLC

Neumann Capital Management LLC lessened its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 40,008 shares of the company’s stock after selling 5,400 shares during the quarter. SPDR S&P Dividend ETF makes up 1.8% of Neumann Capital Management LLC’s holdings, making the stock its 13th biggest position. Neumann Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $5,285,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDY. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $32,000. Assetmark Inc. raised its stake in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL raised its position in shares of 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 buying an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $38,000.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of NYSEARCA SDY opened at $133.92 on Friday. The stock has a market cap of $21.19 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45. The company has a 50-day moving average of $136.34 and a 200 day moving average of $137.16.

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.