SPDR S&P Dividend ETF (NYSEARCA:SDY) Holdings Reduced by SRH Advisors LLC

SRH Advisors LLC lessened its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,005 shares of the company’s stock after selling 780 shares during the period. SPDR S&P Dividend ETF accounts for about 0.3% of SRH Advisors LLC’s investment portfolio, making the stock its 23rd biggest holding. SRH Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $925,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SDY. Coston McIsaac & Partners raised its stake in SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock valued at $2,058,000 after acquiring an additional 72 shares in the last quarter. Marshall Financial Group LLC raised its stake in shares of SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after purchasing an additional 73 shares in the last quarter. Roger Wittlin Investment Advisory LLC lifted its holdings in SPDR S&P Dividend ETF by 0.6% in the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after purchasing an additional 73 shares during the period. M3 Advisory Group LLC grew its position in SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after buying an additional 76 shares in the last quarter. Finally, N.E.W. Advisory Services LLC increased its stake in SPDR S&P Dividend ETF by 1.1% during the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock valued at $914,000 after buying an additional 76 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.7 %

SDY stock opened at $134.44 on Wednesday. The firm’s 50-day moving average is $134.32 and its two-hundred day moving average is $137.54. The company has a market capitalization of $21.27 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $121.52 and a 52 week high of $144.45.

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.