Nwam LLC Reduces Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Nwam LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 36,952 shares of the company’s stock after selling 177 shares during the period. Nwam LLC’s holdings in SPDR S&P Dividend ETF were worth $4,881,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of SDY. Mirae Asset Global Investments Co. Ltd. lifted its holdings in SPDR S&P Dividend ETF by 39.5% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,300 shares of the company’s stock worth $4,152,000 after buying an additional 8,300 shares during the period. Patriot Financial Group Insurance Agency LLC purchased a new stake in SPDR S&P Dividend ETF in the third quarter worth about $211,000. Pallas Capital Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 11.3% in the third quarter. Pallas Capital Advisors LLC now owns 8,964 shares of the company’s stock worth $1,263,000 after buying an additional 911 shares during the period. Highview Capital Management LLC DE purchased a new stake in SPDR S&P Dividend ETF in the third quarter worth about $2,844,000. Finally, Mycio Wealth Partners LLC lifted its holdings in SPDR S&P Dividend ETF by 0.6% in the third quarter. Mycio Wealth Partners LLC now owns 28,234 shares of the company’s stock worth $4,010,000 after buying an additional 156 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $136.76 on Thursday. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45. The company has a 50-day simple moving average of $133.52 and a two-hundred day simple moving average of $137.68. The firm has a market capitalization of $20.46 billion, a PE ratio of 21.48 and a beta of 0.88.

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.