Leo Wealth LLC Trims Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Leo Wealth LLC cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,001 shares of the company’s stock after selling 191 shares during the quarter. Leo Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $264,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Ritholtz Wealth Management lifted its position in shares of SPDR S&P Dividend ETF by 9.7% during the fourth quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after purchasing an additional 505 shares during the last quarter. Key Client Fiduciary Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock valued at $386,000 after buying an additional 98 shares in the last quarter. Franklin Resources Inc. boosted its position in SPDR S&P Dividend ETF by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after buying an additional 1,222 shares during the period. CX Institutional grew its stake in SPDR S&P Dividend ETF by 4.0% in the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after acquiring an additional 2,580 shares in the last quarter. Finally, FSA Wealth Management LLC purchased a new position in shares of SPDR S&P Dividend ETF during the third quarter worth approximately $3,488,000.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $132.90 on Friday. The company has a market capitalization of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a 50 day moving average price of $134.74 and a 200-day moving average price of $137.44. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

SPDR S&P Dividend ETF 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.