PFG Private Wealth Management LLC Has $149,000 Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

PFG Private Wealth Management LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 20.6% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,126 shares of the company’s stock after selling 293 shares during the quarter. PFG Private Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $149,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $397,657,000. Joel Isaacson & Co. LLC raised its stake in shares of SPDR S&P Dividend ETF by 2.2% in the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after buying an additional 54,648 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of SPDR S&P Dividend ETF by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after purchasing an additional 122,858 shares in the last quarter. Destination Wealth Management increased its position in shares of SPDR S&P Dividend ETF by 0.3% during the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after purchasing an additional 2,366 shares in the last quarter. Finally, Assetmark Inc. increased its position in shares of SPDR S&P Dividend ETF by 267,004.3% during the 4th quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock worth $89,623,000 after purchasing an additional 678,191 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of SPDR S&P Dividend ETF stock opened at $136.54 on Thursday. The stock has a market capitalization of $20.43 billion, a P/E ratio of 21.48 and a beta of 0.88. The company has a 50-day simple moving average of $133.93 and a 200 day simple moving average of $137.78. SPDR S&P Dividend ETF has a 12-month low of $124.37 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.