SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Position Reduced by VisionPoint Advisory Group LLC

VisionPoint Advisory Group LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 12.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,592 shares of the company’s stock after selling 5,772 shares during the period. SPDR S&P Dividend ETF makes up approximately 1.8% of VisionPoint Advisory Group LLC’s investment portfolio, making the stock its 9th biggest position. VisionPoint Advisory Group LLC’s holdings in SPDR S&P Dividend ETF were worth $5,197,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Sequoia Financial Advisors LLC increased its position in SPDR S&P Dividend ETF by 1.2% in the third quarter. Sequoia Financial Advisors LLC now owns 13,677 shares of the company’s stock worth $1,943,000 after purchasing an additional 161 shares during the last quarter. Signaturefd LLC increased its holdings in shares of SPDR S&P Dividend ETF by 5.6% in the 3rd quarter. Signaturefd LLC now owns 6,147 shares of the company’s stock worth $873,000 after buying an additional 324 shares during the last quarter. Waldron Private Wealth LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at about $61,000. Private Advisor Group LLC raised its position in shares of SPDR S&P Dividend ETF by 1.9% during the 3rd quarter. Private Advisor Group LLC now owns 138,672 shares of the company’s stock valued at $19,718,000 after buying an additional 2,643 shares in the last quarter. Finally, International Assets Investment Management LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after acquiring an additional 1,165,660 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $136.66 on Friday. SPDR S&P Dividend ETF has a 1-year low of $124.12 and a 1-year high of $144.45. The business’s 50 day moving average is $133.45 and its two-hundred day moving average is $137.52. The stock has a market capitalization of $21.62 billion, a P/E ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Company 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.