SPDR S&P Dividend ETF (NYSEARCA:SDY) Stake Reduced by SRH Advisors LLC

SRH Advisors LLC trimmed its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,005 shares of the company’s stock after selling 780 shares during the quarter. SPDR S&P Dividend ETF accounts for about 0.3% of SRH Advisors LLC’s portfolio, making the stock its 23rd biggest holding. SRH Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $925,000 as of its most recent SEC filing.

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

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $134.44 on Wednesday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The firm’s 50 day simple moving average is $134.32 and its 200-day simple moving average is $137.54. The company has a market cap of $21.27 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.