Apollon Financial LLC Sells 319 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Apollon Financial LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.8% during the 4th quarter, Holdings Channel.com reports. The fund owned 2,951 shares of the company’s stock after selling 319 shares during the quarter. Apollon Financial LLC’s holdings in SPDR S&P Dividend ETF were worth $390,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in the stock. Joel Isaacson & Co. LLC boosted its holdings in SPDR S&P Dividend ETF by 2.2% in the fourth quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after purchasing an additional 54,648 shares during the last quarter. International Assets Investment Management LLC raised its stake in SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P Dividend ETF by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after buying an additional 122,858 shares during the period. Destination Wealth Management grew 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 worth $99,488,000 after acquiring an additional 2,366 shares during the period. Finally, Elk River Wealth Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock valued at $54,690,000 after purchasing an additional 8,194 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.5 %

Shares of NYSEARCA:SDY opened at $132.90 on Friday. The firm’s 50 day moving average price is $134.74 and its 200-day moving average price is $137.44. The stock has a market capitalization of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

About SPDR S&P Dividend ETF

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.