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

HUB Investment Partners LLC lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,116 shares of the company’s stock after selling 92 shares during the quarter. HUB Investment Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $412,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SDY. Natixis Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 23.3% in the 3rd quarter. Natixis Advisors LLC now owns 28,194 shares of the company’s stock valued at $4,005,000 after purchasing an additional 5,324 shares during the last quarter. Prospera Private Wealth LLC purchased a new position in shares of SPDR S&P Dividend ETF during the third quarter worth $132,000. Darwin Wealth Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at $41,000. Moors & Cabot Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 40.6% in the 3rd quarter. Moors & Cabot Inc. now owns 6,351 shares of the company’s stock valued at $902,000 after buying an additional 1,835 shares during the period. Finally, Citizens Financial Group Inc. RI lifted its stake in SPDR S&P Dividend ETF by 44.7% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 20,060 shares of the company’s stock worth $2,849,000 after acquiring an additional 6,201 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $134.20 on Friday. The company has a market cap of $19.97 billion, a P/E ratio of 20.91 and a beta of 0.87. The stock has a 50-day moving average of $134.92 and a two-hundred day moving average of $137.57. SPDR S&P Dividend ETF has a 1-year low of $124.37 and a 1-year high of $144.45.

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.