SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Telemus Capital LLC

Telemus Capital LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.5% during the fourth quarter, HoldingsChannel.com reports. The firm owned 4,396 shares of the company’s stock after selling 459 shares during the period. Telemus Capital LLC’s holdings in SPDR S&P Dividend ETF were worth $549,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. J.W. Cole Advisors Inc. grew its stake in SPDR S&P Dividend ETF by 85.2% in the 4th quarter. J.W. Cole Advisors Inc. now owns 55,260 shares of the company’s stock valued at $6,906,000 after acquiring an additional 25,430 shares during the last quarter. Key Financial Inc grew its stake in SPDR S&P Dividend ETF by 4.5% in the 4th quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after acquiring an additional 180 shares during the last quarter. KCM Investment Advisors LLC grew its stake in SPDR S&P Dividend ETF by 7.9% in the 3rd quarter. KCM Investment Advisors LLC now owns 105,752 shares of the company’s stock valued at $12,163,000 after acquiring an additional 7,769 shares during the last quarter. Interchange Capital Partners LLC grew its stake in SPDR S&P Dividend ETF by 5.6% in the 4th quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock valued at $703,000 after acquiring an additional 298 shares during the last quarter. Finally, Charles Schwab Trust Co grew its stake in SPDR S&P Dividend ETF by 64.0% in the 4th quarter. Charles Schwab Trust Co now owns 24,567 shares of the company’s stock valued at $3,070,000 after acquiring an additional 9,587 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $127.72 on Tuesday. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67. The stock has a market capitalization of $20.31 billion, a P/E ratio of 19.41 and a beta of 0.73. The firm’s 50-day moving average is $127.20 and its two-hundred day moving average is $122.45.

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.