SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Capital Advisors Ltd. LLC

Capital Advisors Ltd. LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,512 shares of the company’s stock after selling 1,140 shares during the quarter. SPDR S&P Dividend ETF comprises approximately 2.5% of Capital Advisors Ltd. LLC’s holdings, making the stock its 10th largest position. Capital Advisors Ltd. LLC owned 0.10% of SPDR S&P Dividend ETF worth $19,883,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its holdings in shares of SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares during the period. TigerOak Management L.L.C. bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth about $16,186,000. Private Advisor Group LLC increased its stake in shares of SPDR S&P Dividend ETF by 84.5% in the fourth quarter. Private Advisor Group LLC now owns 255,882 shares of the company’s stock valued at $33,802,000 after purchasing an additional 117,210 shares during the period. Argent Capital Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at approximately $14,644,000. Finally, Strategic Financial Concepts LLC acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $11,505,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $136.54 on Monday. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The firm has a market capitalization of $21.60 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business has a 50 day simple moving average of $133.42 and a 200 day simple moving average of $137.63.

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.