Heartwood Wealth Advisors LLC Lowers Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Heartwood Wealth Advisors LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,859 shares of the company’s stock after selling 151 shares during the quarter. Heartwood Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $378,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. International Assets Investment Management LLC raised its holdings 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. raised its holdings in SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $10,044,000. Synovus Financial Corp increased its holdings in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after purchasing an additional 42,078 shares in the last quarter. Finally, Nwam LLC purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter worth $5,274,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock traded down $1.91 during trading on Friday, hitting $128.93. 1,340,549 shares of the company’s stock traded hands, compared to its average volume of 491,151. The business has a 50-day simple moving average of $137.77 and a 200-day simple moving average of $136.77. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45. The stock has a market capitalization of $20.40 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.