Albion Financial Group UT Decreases Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Albion Financial Group UT reduced its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 17.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,715 shares of the company’s stock after selling 560 shares during the period. Albion Financial Group UT’s holdings in SPDR S&P Dividend ETF were worth $359,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SDY. Ritholtz Wealth Management raised its stake in SPDR S&P Dividend ETF by 9.7% during the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after acquiring an additional 505 shares in the last quarter. Key Client Fiduciary Advisors LLC increased its position in shares of SPDR S&P Dividend ETF by 3.7% during the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock worth $386,000 after purchasing an additional 98 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 2.2% in the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after purchasing an additional 1,222 shares during the last quarter. CX Institutional boosted its position in shares of SPDR S&P Dividend ETF by 4.0% in the 3rd quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after purchasing an additional 2,580 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its stake in SPDR S&P Dividend ETF by 2.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after buying an additional 2,705 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.9 %

Shares of NYSEARCA SDY opened at $134.93 on Wednesday. The stock has a market cap of $21.35 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45. The stock has a 50 day moving average of $136.60 and a two-hundred day moving average of $137.13.

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.