Wealthspire Advisors LLC Decreases Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wealthspire Advisors LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 52.6% during the 4th quarter, HoldingsChannel reports. The firm owned 59,492 shares of the company’s stock after selling 65,889 shares during the quarter. Wealthspire Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,435,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. International Assets Investment Management LLC increased its holdings in shares of SPDR S&P Dividend ETF by 10,945.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock worth $141,774,000 after buying an additional 1,124,197 shares during the last quarter. Pathstone Family Office LLC raised its position in SPDR S&P Dividend ETF by 4,360.9% in the third quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock valued at $92,216,000 after purchasing an additional 783,834 shares during the period. J.P. Morgan Private Wealth Advisors LLC lifted its stake in shares of SPDR S&P Dividend ETF by 18.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock valued at $170,015,000 after purchasing an additional 231,382 shares during the last quarter. Comerica Bank purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $17,485,000. Finally, Creative Planning grew its holdings in shares of SPDR S&P Dividend ETF by 14.5% during the 3rd quarter. Creative Planning now owns 525,915 shares of the company’s stock worth $60,485,000 after purchasing an additional 66,745 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.8 %

SDY traded up $1.07 on Thursday, hitting $130.97. The company had a trading volume of 390,952 shares, compared to its average volume of 366,443. The company’s fifty day moving average price is $128.13 and its 200 day moving average price is $123.60. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $131.67. The firm has a market cap of $20.72 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.