Stratos Wealth Partners LTD. Sells 218 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Stratos Wealth Partners LTD. reduced its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 72,312 shares of the company’s stock after selling 218 shares during the period. Stratos Wealth Partners LTD.’s holdings in SPDR S&P Dividend ETF were worth $9,552,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SDY. Ritholtz Wealth Management increased its holdings in SPDR S&P Dividend ETF by 9.7% in the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after acquiring an additional 505 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after purchasing an additional 98 shares in the last quarter. Franklin Resources Inc. increased its stake in shares of SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after purchasing an additional 1,222 shares in the last quarter. CX Institutional raised its position in shares of SPDR S&P Dividend ETF by 4.0% during the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after purchasing an additional 2,580 shares during the period. Finally, FSA Wealth Management LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $3,488,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $134.21 on Thursday. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45. The stock has a fifty day simple moving average of $135.13 and a two-hundred day simple moving average of $137.49. The firm has a market capitalization of $21.23 billion, a PE 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.