Cwm LLC Sells 2,797 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cwm LLC lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.6% during the fourth quarter, HoldingsChannel reports. The fund owned 57,994 shares of the company’s stock after selling 2,797 shares during the quarter. Cwm LLC’s holdings in SPDR S&P Dividend ETF were worth $7,248,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SDY. International Assets Investment Management LLC grew its position in SPDR S&P Dividend ETF by 10,945.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock worth $141,774,000 after acquiring an additional 1,124,197 shares during the last quarter. Pathstone Family Office LLC grew its position in shares of SPDR S&P Dividend ETF by 4,360.9% in the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock valued at $92,216,000 after buying an additional 783,834 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC grew its position in shares of SPDR S&P Dividend ETF by 18.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock valued at $170,015,000 after buying an additional 231,382 shares during the last quarter. Comerica Bank bought a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $17,485,000. Finally, Creative Planning grew its position in shares of SPDR S&P Dividend ETF by 14.5% in the 3rd quarter. Creative Planning now owns 525,915 shares of the company’s stock valued at $60,485,000 after buying an additional 66,745 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.7 %

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

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.