SPDR S&P Dividend ETF $SDY Shares Sold by World Investment Advisors

World Investment Advisors trimmed its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 9.1% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 73,461 shares of the company’s stock after selling 7,347 shares during the period. World Investment Advisors’ holdings in SPDR S&P Dividend ETF were worth $10,288,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its position in shares of SPDR S&P Dividend ETF by 404.5% in the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after purchasing an additional 14,829 shares during the last quarter. Ieq Capital LLC grew its position in SPDR S&P Dividend ETF by 92.9% during the 1st quarter. Ieq Capital LLC now owns 97,042 shares of the company’s stock worth $13,167,000 after purchasing an additional 46,738 shares during the last quarter. Wealth Preservation Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the 1st quarter valued at approximately $50,000. Mission Creek Capital Partners Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 5.5% in the first quarter. Mission Creek Capital Partners Inc. now owns 8,169 shares of the company’s stock worth $1,108,000 after buying an additional 427 shares during the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management lifted its stake in shares of SPDR S&P Dividend ETF by 30.6% during the first quarter. Gerber Kawasaki Wealth & Investment Management now owns 4,983 shares of the company’s stock worth $676,000 after buying an additional 1,167 shares during the period. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $140.36 on Thursday. The company has a market cap of $20.18 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. The stock’s fifty day moving average price is $139.00 and its 200 day moving average price is $138.83. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $143.49.

About SPDR S&P Dividend ETF

(Free Report)

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.

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