Flaharty Asset Management LLC Has $26.26 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Flaharty Asset Management LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 198,772 shares of the company’s stock after selling 3,227 shares during the quarter. SPDR S&P Dividend ETF comprises approximately 3.8% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 8th biggest holding. Flaharty Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $26,258,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in SDY. Pinnacle Associates Ltd. increased its stake in shares of SPDR S&P Dividend ETF by 10.8% in the third quarter. Pinnacle Associates Ltd. now owns 10,127 shares of the company’s stock valued at $1,438,000 after purchasing an additional 989 shares during the period. Summit Wealth Partners LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $213,000. Pursue Wealth Partners LLC increased its stake in shares of SPDR S&P Dividend ETF by 11.9% in the third quarter. Pursue Wealth Partners LLC now owns 10,146 shares of the company’s stock valued at $1,441,000 after purchasing an additional 1,082 shares during the period. Americana Partners LLC increased its stake in shares of SPDR S&P Dividend ETF by 9.9% in the third quarter. Americana Partners LLC now owns 46,129 shares of the company’s stock valued at $6,552,000 after purchasing an additional 4,137 shares during the period. Finally, Farther Finance Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 98.8% in the third quarter. Farther Finance Advisors LLC now owns 4,468 shares of the company’s stock valued at $635,000 after purchasing an additional 2,220 shares during the period.

SPDR S&P Dividend ETF Trading Up 1.3 %

Shares of NYSEARCA:SDY opened at $138.29 on Friday. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week high of $144.45. The firm has a market capitalization of $20.69 billion, a P/E ratio of 21.48 and a beta of 0.88. The firm’s 50 day moving average is $133.71 and its two-hundred day moving average is $137.71.

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.