Lewis Asset Management LLC Trims Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Lewis Asset Management LLC decreased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 26,054 shares of the company’s stock after selling 1,299 shares during the period. SPDR S&P Dividend ETF comprises about 2.6% of Lewis Asset Management LLC’s investment portfolio, making the stock its 6th biggest holding. Lewis Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $3,442,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SDY. Northwestern Mutual Wealth Management Co. lifted its position in shares of SPDR S&P Dividend ETF by 2.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after purchasing an additional 2,705 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the second quarter worth about $10,044,000. Park Avenue Securities LLC raised its stake in SPDR S&P Dividend ETF by 15.6% during the third quarter. Park Avenue Securities LLC now owns 7,782 shares of the company’s stock worth $1,105,000 after acquiring an additional 1,052 shares during the period. Goelzer Investment Management Inc. acquired a new stake in SPDR S&P Dividend ETF during the third quarter worth about $211,000. Finally, Seneca House Advisors acquired a new stake in SPDR S&P Dividend ETF during the third quarter worth about $223,000.

SPDR S&P Dividend ETF Stock Down 0.5 %

SDY opened at $133.79 on Thursday. The firm has a market cap of $21.17 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The company’s 50-day moving average price is $135.92 and its 200 day moving average price is $137.42.

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.