Tennessee Valley Asset Management Partners Sells 196 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Tennessee Valley Asset Management Partners cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,633 shares of the company’s stock after selling 196 shares during the period. Tennessee Valley Asset Management Partners’ holdings in SPDR S&P Dividend ETF were worth $348,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of SDY. Capital Performance Advisors LLP bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF in the third quarter worth $32,000. Assetmark Inc. raised its position in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after buying an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its stake 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 valued at $37,000 after buying an additional 140 shares during the period. Finally, ST Germain D J Co. Inc. purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $38,000.

SPDR S&P Dividend ETF Stock Down 0.0 %

NYSEARCA:SDY opened at $133.91 on Monday. The stock has a market cap of $21.18 billion, a P/E ratio of 19.72 and a beta of 0.68. The business’s 50-day moving average price is $136.10 and its two-hundred day moving average price is $137.27. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month 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.