Lindbrook Capital LLC Reduces Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Lindbrook Capital LLC lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 31.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,327 shares of the company’s stock after selling 623 shares during the period. Lindbrook Capital LLC’s holdings in SPDR S&P Dividend ETF were worth $166,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SDY. Friedenthal Financial acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $29,000. Tennessee Valley Asset Management Partners acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $36,000. Cardiff Park Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after acquiring an additional 100 shares during the period. Assetmark Inc. lifted its stake in SPDR S&P Dividend ETF by 428.6% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock valued at $43,000 after acquiring an additional 300 shares during the period. Finally, West Oak Capital LLC acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $53,000.

SPDR S&P Dividend ETF Trading Up 0.3 %

Shares of NYSEARCA SDY opened at $128.06 on Wednesday. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67. The company has a 50 day simple moving average of $127.31 and a two-hundred day simple moving average of $122.55. The stock has a market cap of $20.37 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

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.