SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Capasso Planning Partners LLC

Capasso Planning Partners LLC reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,466 shares of the company’s stock after selling 954 shares during the period. Capasso Planning Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $326,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SDY. Raymond James Financial Inc. acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $397,657,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 267,004.3% in the fourth quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock valued at $89,623,000 after purchasing an additional 678,191 shares in the last quarter. Independent Advisor Alliance purchased a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at about $23,435,000. JPMorgan Chase & Co. grew its position in shares of SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares during the last quarter. Finally, TigerOak Management L.L.C. purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $16,186,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $135.35 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The business has a 50 day moving average price of $134.30 and a 200 day moving average price of $137.79. The company has a market capitalization of $20.25 billion, a P/E ratio of 21.48 and a beta of 0.88.

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.