SPDR S&P Dividend ETF (NYSEARCA:SDY) Holdings Trimmed by Simon Quick Advisors LLC

Simon Quick Advisors LLC reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 28,737 shares of the company’s stock after selling 935 shares during the quarter. Simon Quick Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,796,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SDY. Joel Isaacson & Co. LLC grew its stake in shares of SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after purchasing an additional 30,381 shares during the last quarter. International Assets Investment Management LLC grew its position in SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. grew its position in 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 worth $147,161,000 after buying an additional 122,858 shares during the last quarter. Destination Wealth Management increased its holdings in shares of SPDR S&P Dividend ETF by 0.3% in the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after buying an additional 2,366 shares in the last quarter. Finally, Creative Planning lifted its position in shares of SPDR S&P Dividend ETF by 1.1% during the 2nd quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after acquiring an additional 4,963 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.9 %

Shares of NYSEARCA SDY opened at $134.93 on Wednesday. The stock’s fifty day simple moving average is $136.60 and its 200 day simple moving average is $137.13. The stock has a market capitalization of $21.35 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week 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.