O Dell Group LLC Sells 5,099 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

O Dell Group LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 79,724 shares of the company’s stock after selling 5,099 shares during the quarter. SPDR S&P Dividend ETF comprises about 2.4% of O Dell Group LLC’s holdings, making the stock its 16th largest position. O Dell Group LLC’s holdings in SPDR S&P Dividend ETF were worth $10,532,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Raymond James Financial Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at approximately $397,657,000. Joel Isaacson & Co. LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.2% during the fourth quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after purchasing an additional 54,648 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of SPDR S&P Dividend ETF by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares during the last quarter. Destination Wealth Management grew 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 valued at $99,488,000 after purchasing an additional 2,366 shares during the last quarter. Finally, Assetmark Inc. grew its stake in shares of SPDR S&P Dividend ETF by 267,004.3% during the fourth quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock valued at $89,623,000 after purchasing an additional 678,191 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

SDY opened at $138.34 on Tuesday. The company’s 50 day simple moving average is $134.23 and its 200-day simple moving average is $137.81. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45. The stock has a market capitalization of $20.70 billion, a P/E ratio of 21.48 and a beta of 0.88.

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.