Trademark Financial Management LLC Trims Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Trademark Financial Management LLC trimmed its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 34.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,919 shares of the company’s stock after selling 2,074 shares during the quarter. Trademark Financial Management LLC’s holdings in SPDR S&P Dividend ETF were worth $518,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Avion Wealth increased its holdings in SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $32,000. Assetmark Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the period. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after acquiring an additional 140 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.5 %

Shares of NYSEARCA:SDY opened at $134.26 on Friday. SPDR S&P Dividend ETF has a 12-month low of $123.32 and a 12-month high of $144.45. The business’s fifty day simple moving average is $133.89 and its 200-day simple moving average is $137.49. The company has a market capitalization of $21.24 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.