Pinnacle Financial Partners Inc Sells 335 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Pinnacle Financial Partners Inc reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 10,554 shares of the company’s stock after selling 335 shares during the period. Pinnacle Financial Partners Inc’s holdings in SPDR S&P Dividend ETF were worth $1,414,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SDY. Avion Wealth raised its position in SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. Kestra Investment Management LLC bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth $31,000. JNBA Financial Advisors bought a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Finally, Assetmark Inc. grew its holdings in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.1 %

SDY stock opened at $136.54 on Monday. The stock has a 50-day moving average price of $133.42 and a 200-day moving average price of $137.63. 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.

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.