GLOBALT Investments LLC GA lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 2.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 13,383 shares of the company’s stock after selling 401 shares during the period. GLOBALT Investments LLC GA’s holdings in SPDR S&P Dividend ETF were worth $1,768,000 as of its most recent SEC filing.
A number of other hedge funds also recently bought and sold shares of the stock. Avion Wealth lifted its holdings in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares during the last quarter. Kestra Investment Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $31,000. Noble Wealth Management PBC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $32,000. Rialto Wealth Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $34,000. Finally, Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter.
SPDR S&P Dividend ETF Price Performance
Shares of SDY stock opened at $134.62 on Monday. The firm has a market capitalization of $20.03 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. The business has a fifty day moving average of $134.42 and a 200 day moving average of $137.69. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year 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.
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