SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Level Four Advisory Services LLC

Level Four Advisory Services LLC lowered its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,324 shares of the company’s stock after selling 1,433 shares during the quarter. Level Four Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $1,100,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SDY. N.E.W. Advisory Services LLC grew its position in SPDR S&P Dividend ETF by 1.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after purchasing an additional 76 shares during the period. Avidian Wealth Enterprises LLC boosted its stake in shares of SPDR S&P Dividend ETF by 4.9% in 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 grew its holdings in SPDR S&P Dividend ETF by 1.4% during 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. Rebalance LLC raised its position in SPDR S&P Dividend ETF by 0.8% during the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock valued at $1,447,000 after acquiring an additional 85 shares in the last quarter. Finally, Smart Money Group LLC raised its position in SPDR S&P Dividend ETF by 0.7% during 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 in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.6 %

SPDR S&P Dividend ETF stock opened at $134.29 on Friday. The firm has a market cap of $19.98 billion, a PE ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45. The stock’s 50 day simple moving average is $135.17 and its two-hundred day simple moving average is $137.41.

SPDR S&P Dividend ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Investors of record on Monday, March 24th were issued a dividend of $0.8184 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.