Exencial Wealth Advisors LLC decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 11.8% in the fourth quarter, HoldingsChannel reports. The firm owned 2,583 shares of the company’s stock after selling 347 shares during the period. Exencial Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $341,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDY. Avion Wealth boosted its stake in SPDR S&P Dividend ETF by 164.5% in 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 period. Capital Performance Advisors LLP purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth approximately $31,000. Kestra Investment Management LLC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth approximately $32,000. Finally, Noble Wealth Management PBC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $32,000.
SPDR S&P Dividend ETF Stock Up 0.4 %
SDY stock opened at $136.54 on Thursday. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The company has a market cap of $20.43 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88. The company has a 50 day moving average of $133.93 and a two-hundred day moving average of $137.78.
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.
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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
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