MAS Advisors LLC Has $953,000 Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

MAS Advisors LLC lessened its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 7,211 shares of the company’s stock after selling 2,719 shares during the period. SPDR S&P Dividend ETF makes up approximately 1.6% of MAS Advisors LLC’s holdings, making the stock its 18th largest position. MAS Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $953,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SDY. International Assets Investment Management LLC grew its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after buying an additional 122,858 shares during the period. Argent Capital Management LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $14,644,000. Synovus Financial Corp raised its stake in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after buying an additional 42,078 shares in the last quarter. Finally, Nwam LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at about $5,274,000.

SPDR S&P Dividend ETF Stock Down 0.3 %

NYSEARCA SDY opened at $133.67 on Wednesday. The stock has a market cap of $21.15 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45. The company’s 50-day simple moving average is $135.33 and its 200 day simple moving average is $137.48.

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.