SPDR S&P Dividend ETF (NYSEARCA:SDY) Position Cut by Private Ocean LLC

Private Ocean LLC lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 92.3% during the 1st quarter, Holdings Channel reports. The fund owned 273 shares of the company’s stock after selling 3,288 shares during the period. Private Ocean LLC’s holdings in SPDR S&P Dividend ETF were worth $36,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of SPDR S&P Dividend ETF by 0.4% during the third quarter. Royal Bank of Canada now owns 2,644,815 shares of the company’s stock valued at $304,180,000 after acquiring an additional 10,757 shares during the period. Raymond James & Associates increased its position in shares of SPDR S&P Dividend ETF by 1.5% during the 4th quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock valued at $291,463,000 after purchasing an additional 34,564 shares during the period. UBS Group AG raised its stake in shares of 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 buying an additional 67,304 shares in the last quarter. International Assets Investment Management LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 10,945.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after buying an additional 1,124,197 shares during the period. Finally, Janney Montgomery Scott LLC boosted its stake in SPDR S&P Dividend ETF by 0.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,115,618 shares of the company’s stock valued at $139,419,000 after buying an additional 2,835 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

NYSEARCA:SDY traded down $0.16 during mid-day trading on Friday, reaching $127.18. 155,916 shares of the stock were exchanged, compared to its average volume of 334,344. The business has a fifty day moving average price of $129.17 and a 200 day moving average price of $126.91. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $132.49. The firm has a market capitalization of $20.12 billion, a PE 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.