Wescott Financial Advisory Group LLC Has $222,000 Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wescott Financial Advisory Group LLC lessened its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 77.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,677 shares of the company’s stock after selling 5,698 shares during the quarter. Wescott Financial Advisory Group LLC’s holdings in SPDR S&P Dividend ETF were worth $222,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Avion Wealth lifted its stake in SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Kestra Investment Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $31,000. Noble Wealth Management PBC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $32,000. Rialto Wealth Management LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $34,000. Finally, ST Germain D J Co. Inc. acquired a new position in SPDR S&P Dividend ETF during the fourth quarter worth $38,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $125.88 on Friday. The business has a fifty day moving average of $135.08 and a two-hundred day moving average of $137.20. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45. The stock has a market cap of $18.69 billion, a PE ratio of 20.96 and a beta of 0.80.

SPDR S&P Dividend ETF Announces Dividend

The company also recently declared a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were given a $0.8184 dividend. 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.