Lansing Street Advisors Sells 1,170 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Lansing Street Advisors cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,541 shares of the company’s stock after selling 1,170 shares during the period. SPDR S&P Dividend ETF comprises approximately 0.9% of Lansing Street Advisors’ investment portfolio, making the stock its 26th largest holding. Lansing Street Advisors’ holdings in SPDR S&P Dividend ETF were worth $2,713,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Avion Wealth lifted its stake in 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 acquiring an additional 125 shares in the last quarter. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at $31,000. Kestra Investment Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $31,000. JNBA Financial Advisors purchased a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $32,000. Finally, Assetmark Inc. increased its position 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 SPDR S&P Dividend ETF stock opened at $136.54 on Friday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The firm has a market cap of $21.60 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a fifty day moving average price of $133.42 and a 200-day moving average price of $137.59.

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.