SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Wealthspire Advisors LLC

Wealthspire Advisors LLC lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.9% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 55,635 shares of the company’s stock after selling 4,103 shares during the quarter. Wealthspire Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,349,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the company. Mirae Asset Global Investments Co. Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 39.5% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 29,300 shares of the company’s stock valued at $4,152,000 after buying an additional 8,300 shares during the period. Arkadios Wealth Advisors raised its position in SPDR S&P Dividend ETF by 3.3% in the third quarter. Arkadios Wealth Advisors now owns 17,529 shares of the company’s stock worth $2,490,000 after acquiring an additional 564 shares in the last quarter. Alpha Financial Partners LLC acquired a new stake in SPDR S&P Dividend ETF in the third quarter valued at $646,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its position in shares of SPDR S&P Dividend ETF by 4.3% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 2,953 shares of the company’s stock worth $420,000 after purchasing an additional 121 shares in the last quarter. Finally, Patriot Financial Group Insurance Agency LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $211,000.

SPDR S&P Dividend ETF Stock Down 0.1 %

Shares of SDY opened at $136.54 on Monday. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45. The company has a 50-day simple moving average of $133.42 and a 200-day simple moving average of $137.63. The company has a market capitalization of $21.60 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.