SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by ProVise Management Group LLC

ProVise Management Group LLC decreased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.3% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 165,949 shares of the company’s stock after selling 9,206 shares during the period. SPDR S&P Dividend ETF makes up approximately 1.8% of ProVise Management Group LLC’s holdings, making the stock its 11th largest position. ProVise Management Group LLC owned approximately 0.09% of SPDR S&P Dividend ETF worth $20,739,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SDY. International Assets Investment Management LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 10,945.4% in the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after purchasing an additional 1,124,197 shares during the last quarter. Pathstone Family Office LLC lifted its holdings in SPDR S&P Dividend ETF by 4,360.9% in the third quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock worth $92,216,000 after acquiring an additional 783,834 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 18.6% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock valued at $170,015,000 after purchasing an additional 231,382 shares during the period. Comerica Bank bought a new stake in SPDR S&P Dividend ETF during the third quarter worth approximately $17,485,000. Finally, UBS Group AG boosted its stake in SPDR S&P Dividend ETF by 3.5% in the 4th quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after purchasing an additional 67,304 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.3 %

Shares of NYSEARCA:SDY traded up $0.36 during trading on Friday, reaching $129.52. 418,344 shares of the company traded hands, compared to its average volume of 355,844. The firm has a market cap of $20.49 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a fifty day simple moving average of $129.00 and a 200 day simple moving average of $125.00. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $132.49.

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.