SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Adamsbrown Wealth Consultants LLC

Adamsbrown Wealth Consultants LLC trimmed its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 21.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 3,691 shares of the company’s stock after selling 1,017 shares during the quarter. Adamsbrown Wealth Consultants LLC’s holdings in SPDR S&P Dividend ETF were worth $488,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SDY. Coston McIsaac & Partners grew its holdings in shares of SPDR S&P Dividend ETF by 0.5% in the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after purchasing an additional 72 shares in the last quarter. Marshall Financial Group LLC raised its position in SPDR S&P Dividend ETF by 3.7% in the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after purchasing an additional 73 shares during the last quarter. Roger Wittlin Investment Advisory LLC increased its stake in SPDR S&P Dividend ETF by 0.6% in the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after buying an additional 73 shares during the period. WealthBridge Capital Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 1.8% during the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after purchasing an additional 75 shares during the period. Finally, M3 Advisory Group LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after purchasing an additional 76 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.5 %

NYSEARCA:SDY opened at $134.54 on Monday. The firm has a market cap of $21.28 billion, a price-to-earnings 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’s 50-day moving average is $135.52 and its two-hundred day moving average is $137.44.

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.