GLOBALT Investments LLC GA Lowers Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

GLOBALT Investments LLC GA lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDYFree 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

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.