Baugh & Associates LLC Reduces Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Baugh & Associates LLC trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,435 shares of the company’s stock after selling 365 shares during the quarter. Baugh & Associates LLC’s holdings in SPDR S&P Dividend ETF were worth $313,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of SDY. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Assetmark Inc. grew its holdings in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its position in SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter worth $41,000.

SPDR S&P Dividend ETF Stock Up 0.5 %

Shares of NYSEARCA:SDY opened at $133.77 on Monday. The company has a market capitalization of $21.16 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock’s fifty day simple moving average is $136.76 and its 200-day simple moving average is $137.00. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45.

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.