Burns J W & Co. Inc. NY Cuts Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Burns J W & Co. Inc. NY cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 5,530 shares of the company’s stock after selling 105 shares during the quarter. Burns J W & Co. Inc. NY’s holdings in SPDR S&P Dividend ETF were worth $731,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SDY. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF during the third quarter worth approximately $31,000. JNBA Financial Advisors purchased a new position in SPDR S&P Dividend ETF in the third quarter worth approximately $32,000. Assetmark Inc. grew its holdings 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 worth $36,000 after purchasing an additional 167 shares during the period. Strategic Investment Solutions Inc. IL increased its position 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 valued at $37,000 after acquiring an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $38,000.

SPDR S&P Dividend ETF Stock Up 0.9 %

NYSEARCA:SDY traded up $1.17 on Monday, reaching $129.91. 302,924 shares of the company’s stock were exchanged, compared to its average volume of 480,282. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45. The business has a fifty day moving average of $137.58 and a 200-day moving average of $136.89. The firm has a market capitalization of $20.55 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.