BOK Financial Private Wealth Inc. Cuts Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

BOK Financial Private Wealth Inc. trimmed its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 7,738 shares of the company’s stock after selling 1,222 shares during the period. BOK Financial Private Wealth Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,022,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Roger Wittlin Investment Advisory LLC increased its position in shares of SPDR S&P Dividend ETF by 0.6% during the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after purchasing an additional 73 shares during the last quarter. N.E.W. Advisory Services LLC grew its position in SPDR S&P Dividend ETF by 1.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock valued at $914,000 after buying an additional 76 shares during the period. Avidian Wealth Enterprises LLC increased its holdings in SPDR S&P Dividend ETF by 4.9% during the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after buying an additional 76 shares during the last quarter. Good Life Advisors LLC raised its position in SPDR S&P Dividend ETF by 1.4% in the fourth quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after acquiring an additional 79 shares during the period. Finally, Smart Money Group LLC boosted its stake in SPDR S&P Dividend ETF by 0.7% in the fourth quarter. Smart Money Group LLC now owns 12,547 shares of the company’s stock valued at $1,658,000 after acquiring an additional 86 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 1.6 %

Shares of SDY stock opened at $138.67 on Friday. The firm has a market cap of $20.75 billion, a P/E ratio of 21.48 and a beta of 0.88. The company has a 50 day moving average of $134.10 and a 200-day moving average of $137.80. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45.

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.