Paragon Financial Partners Inc. Has $503,000 Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Paragon Financial Partners Inc. lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 23.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,807 shares of the company’s stock after selling 1,145 shares during the period. Paragon Financial Partners Inc.’s holdings in SPDR S&P Dividend ETF were worth $503,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Coston McIsaac & Partners raised its stake in SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after buying an additional 72 shares during the last quarter. Marshall Financial Group LLC raised its stake in 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 worth $290,000 after buying an additional 73 shares during the last quarter. Roger Wittlin Investment Advisory LLC raised its stake in SPDR S&P Dividend ETF by 0.6% during the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after buying an additional 73 shares during the last quarter. WealthBridge Capital Management LLC raised its stake in SPDR S&P Dividend ETF by 1.8% during the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after buying an additional 75 shares during the last quarter. Finally, M3 Advisory Group LLC raised its stake in SPDR S&P Dividend ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after buying an additional 76 shares during the last quarter.

SPDR S&P Dividend ETF Stock Down 1.2 %

Shares of NYSEARCA SDY opened at $133.37 on Thursday. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45. The firm has a fifty day simple moving average of $136.48 and a 200 day simple moving average of $137.19. The company has a market capitalization of $21.10 billion, a PE 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.