SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) by 24.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,357,556 shares of the company’s stock after selling 431,584 shares during the quarter. Envestnet Asset Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $169,654,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Grimes & Company Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 1.6% in the 4th quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after acquiring an additional 84 shares during the last quarter. PFG Investments LLC grew its stake in SPDR S&P Dividend ETF by 1.0% during the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock worth $1,056,000 after buying an additional 86 shares during the last quarter. PDS Planning Inc grew its stake in SPDR S&P Dividend ETF by 0.6% during the 4th quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock worth $2,111,000 after buying an additional 97 shares during the last quarter. Cardiff Park Advisors LLC grew its stake in SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock worth $38,000 after buying an additional 100 shares during the last quarter. Finally, Coston McIsaac & Partners grew its stake in SPDR S&P Dividend ETF by 0.7% during the 4th quarter. Coston McIsaac & Partners now owns 14,867 shares of the company’s stock worth $1,858,000 after buying an additional 110 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $129.06 on Friday. The company has a market cap of $20.42 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock has a fifty day moving average price of $128.97 and a 200 day moving average price of $126.00. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $132.49.

SPDR S&P Dividend ETF Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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