Beaumont Financial Advisors LLC Sells 81 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Beaumont Financial Advisors LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,394 shares of the company’s stock after selling 81 shares during the period. Beaumont Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $674,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDY. Key Financial Inc lifted its holdings in shares of SPDR S&P Dividend ETF by 4.5% during the 4th quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after purchasing an additional 180 shares in the last quarter. Scissortail Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $390,000. Tyche Wealth Partners LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $837,000. Marino Stram & Associates LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.4% during the 4th quarter. Marino Stram & Associates LLC now owns 272,247 shares of the company’s stock valued at $34,023,000 after purchasing an additional 1,135 shares in the last quarter. Finally, Capital Analysts LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 13.4% during the 4th quarter. Capital Analysts LLC now owns 8,742 shares of the company’s stock valued at $1,092,000 after purchasing an additional 1,033 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $126.79 on Friday. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67. The stock has a market capitalization of $20.17 billion, a PE ratio of 19.41 and a beta of 0.73. The business’s 50-day simple moving average is $127.13 and its 200-day simple moving average is $122.21.

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.