Coston McIsaac & Partners Sells 474 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Coston McIsaac & Partners lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,015 shares of the company’s stock after selling 474 shares during the quarter. Coston McIsaac & Partners’ holdings in SPDR S&P Dividend ETF were worth $1,851,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the business. International Assets Investment Management LLC grew its position in SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P Dividend ETF by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after purchasing an additional 122,858 shares during the period. Argent Capital Management LLC bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth $14,644,000. Sanctuary Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter worth about $10,044,000. Finally, Synovus Financial Corp grew its position in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after buying an additional 42,078 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $133.79 on Thursday. The stock’s 50 day moving average is $135.92 and its 200 day moving average is $137.42. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The firm has a market cap of $21.17 billion, a P/E ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF 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.