SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lessened its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 5,108 shares of the company’s stock after selling 87 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $675,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SDY. AE Wealth Management LLC raised its holdings in SPDR S&P Dividend ETF by 51.8% in the 2nd quarter. AE Wealth Management LLC now owns 4,721 shares of the company’s stock worth $600,000 after purchasing an additional 1,612 shares during the period. Thrivent Financial for Lutherans increased its holdings in SPDR S&P Dividend ETF by 5.3% in the 2nd quarter. Thrivent Financial for Lutherans now owns 23,883 shares of the company’s stock worth $3,037,000 after acquiring an additional 1,204 shares in the last quarter. Evergreen Capital Management LLC raised its position in SPDR S&P Dividend ETF by 3.6% during the second quarter. Evergreen Capital Management LLC now owns 13,695 shares of the company’s stock worth $1,742,000 after acquiring an additional 470 shares during the period. Insigneo Advisory Services LLC grew its position in shares of SPDR S&P Dividend ETF by 112.8% in the second quarter. Insigneo Advisory Services LLC now owns 4,083 shares of the company’s stock valued at $536,000 after purchasing an additional 2,164 shares during the period. Finally, Drucker Wealth 3.0 LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter worth about $2,404,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $133.37 on Thursday. The business has a 50 day simple moving average of $136.48 and a two-hundred day simple moving average of $137.19. The stock has a market capitalization of $21.10 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45.

SPDR S&P Dividend ETF 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.