Focus Financial Network Inc. Sells 133 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Focus Financial Network Inc. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,871 shares of the company’s stock after selling 133 shares during the quarter. Focus Financial Network Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,964,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SDY. CX Institutional lifted its position in SPDR S&P Dividend ETF by 4.0% in the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after buying an additional 2,580 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its position in SPDR S&P Dividend ETF by 23.7% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 76,679 shares of the company’s stock valued at $10,891,000 after purchasing an additional 14,691 shares during the last quarter. Capstone Wealth Management Group LLC lifted its position in SPDR S&P Dividend ETF by 0.4% in the third quarter. Capstone Wealth Management Group LLC now owns 36,713 shares of the company’s stock valued at $5,215,000 after purchasing an additional 145 shares during the last quarter. Legacy Financial Group LLC lifted its position in SPDR S&P Dividend ETF by 0.8% in the third quarter. Legacy Financial Group LLC now owns 374,280 shares of the company’s stock valued at $53,163,000 after purchasing an additional 2,901 shares during the last quarter. Finally, SeaCrest Wealth Management LLC lifted its position in SPDR S&P Dividend ETF by 43.8% in the third quarter. SeaCrest Wealth Management LLC now owns 5,057 shares of the company’s stock valued at $718,000 after purchasing an additional 1,541 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $134.44 on Wednesday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The stock has a 50 day moving average price of $134.32 and a two-hundred day moving average price of $137.54. The company has a market capitalization of $21.27 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.