Wealth Enhancement Advisory Services LLC Sells 497 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Wealth Enhancement Advisory Services LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.1% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 363,225 shares of the company’s stock after selling 497 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in SPDR S&P Dividend ETF were worth $51,592,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Capital Performance Advisors LLP bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth approximately $31,000. JNBA Financial Advisors bought a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $32,000. Assetmark Inc. increased its position in 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 buying an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL increased its position in SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after buying an additional 140 shares in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $41,000.

SPDR S&P Dividend ETF Stock Down 1.6 %

SDY stock opened at $128.74 on Friday. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45. The firm has a market cap of $20.37 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a 50 day moving average of $137.58 and a 200 day moving average of $136.76.

SPDR S&P Dividend ETF Company 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.