Geneos Wealth Management Inc. Sells 99 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Geneos Wealth Management Inc. decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 7,714 shares of the company’s stock after selling 99 shares during the quarter. Geneos Wealth Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,019,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Capital Performance Advisors LLP bought a new position 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 $32,000. Assetmark Inc. lifted its stake 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 acquiring an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL boosted its holdings in SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after acquiring an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $136.34 on Tuesday. The firm has a 50-day moving average of $136.10 and a 200-day moving average of $137.34. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The company has a market cap of $21.57 billion, a P/E ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.