CRA Financial Services LLC Sells 4,442 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

CRA Financial Services LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,951 shares of the company’s stock after selling 4,442 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 2.4% of CRA Financial Services LLC’s investment portfolio, making the stock its 10th largest position. CRA Financial Services LLC’s holdings in SPDR S&P Dividend ETF were worth $14,260,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Joel Isaacson & Co. LLC increased its position in SPDR S&P Dividend ETF by 2.2% in the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after acquiring an additional 54,648 shares during the period. International Assets Investment Management LLC grew its position in shares of SPDR S&P Dividend ETF by 13,497.7% in 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 buying an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. increased its stake 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 valued at $147,161,000 after buying an additional 122,858 shares during the period. Destination Wealth Management raised its position 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 acquiring an additional 2,366 shares during the last quarter. Finally, Legacy Financial Group LLC boosted its holdings in SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock valued at $49,850,000 after acquiring an additional 3,088 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $134.26 on Tuesday. SPDR S&P Dividend ETF has a 52 week low of $123.32 and a 52 week high of $144.45. The firm’s fifty day moving average is $133.77 and its 200-day moving average is $137.53. The firm has a market cap of $21.24 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.