Mayflower Financial Advisors LLC Sells 89 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mayflower Financial Advisors LLC trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,944 shares of the company’s stock after selling 89 shares during the period. Mayflower Financial Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $521,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. Capital Performance Advisors LLP purchased a new stake in shares of SPDR S&P Dividend ETF in the third quarter worth $31,000. JNBA Financial Advisors purchased a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at about $32,000. Assetmark Inc. boosted its position in shares of 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 acquiring an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its holdings in shares of 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 purchasing an additional 140 shares in the last quarter. Finally, ST Germain D J Co. Inc. purchased a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $133.79 on Thursday. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The company has a market capitalization of $21.17 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm’s 50 day simple moving average is $135.92 and its 200 day simple moving average is $137.42.

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.