Daymark Wealth Partners LLC Decreases Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Daymark Wealth Partners LLC reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.4% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 10,844 shares of the company’s stock after selling 2,126 shares during the period. Daymark Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $1,433,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF during the third quarter valued at approximately $32,000. Assetmark Inc. raised its position in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period. Strategic Investment Solutions Inc. IL lifted its stake in shares of SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth approximately $41,000.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $133.37 on Thursday. The business’s 50 day moving average price is $136.48 and its 200-day moving average price is $137.19. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The company has a market cap of $21.10 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.