Apexium Financial LP Trims Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Apexium Financial LP lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,081 shares of the company’s stock after selling 171 shares during the quarter. Apexium Financial LP’s holdings in SPDR S&P Dividend ETF were worth $8,201,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Capital Performance Advisors LLP acquired a new stake in SPDR S&P Dividend ETF in the third quarter worth about $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its position in SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares during the period. Finally, ST Germain D J Co. Inc. purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $38,000.

SPDR S&P Dividend ETF Stock Down 0.0 %

SDY opened at $133.91 on Monday. The firm has a market cap of $21.18 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a fifty day simple moving average of $136.10 and a 200-day simple moving average of $137.27. SPDR S&P Dividend ETF has a 52 week low of $121.52 and a 52 week high of $144.45.

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.