Harbour Capital Advisors LLC Reduces Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Harbour Capital Advisors LLC reduced its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 17,638 shares of the company’s stock after selling 125 shares during the period. Harbour Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $2,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Joel Isaacson & Co. LLC raised its position in shares of SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after purchasing an additional 30,381 shares during the last quarter. International Assets Investment Management LLC increased its stake in 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 valued at $166,797,000 after purchasing an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after buying an additional 122,858 shares during the last quarter. Destination Wealth Management lifted its stake in shares of SPDR S&P Dividend ETF by 0.3% during the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after buying an additional 2,366 shares during the period. Finally, Creative Planning grew its holdings in shares of SPDR S&P Dividend ETF by 1.1% during the second quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after buying an additional 4,963 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY traded up $1.13 during mid-day trading on Monday, hitting $129.87. The stock had a trading volume of 232,388 shares, compared to its average volume of 468,412. The company has a 50 day moving average of $137.58 and a two-hundred day moving average of $136.89. 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 $20.55 billion, a PE ratio of 19.72 and a beta of 0.68.

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.