Hubbell Strickland Wealth Management LLC Trims Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Hubbell Strickland Wealth Management LLC trimmed its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 110,242 shares of the company’s stock after selling 2,214 shares during the period. SPDR S&P Dividend ETF accounts for 7.3% of Hubbell Strickland Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Hubbell Strickland Wealth Management LLC owned approximately 0.07% of SPDR S&P Dividend ETF worth $14,467,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Natixis Advisors L.P. grew its holdings in SPDR S&P Dividend ETF by 8.5% in the 3rd quarter. Natixis Advisors L.P. now owns 12,958 shares of the company’s stock worth $1,490,000 after buying an additional 1,014 shares in the last quarter. O Shaughnessy Asset Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 44.8% during the third quarter. O Shaughnessy Asset Management LLC now owns 786 shares of the company’s stock valued at $90,000 after purchasing an additional 243 shares in the last quarter. Qube Research & Technologies Ltd lifted its holdings in SPDR S&P Dividend ETF by 2,230.8% in the third quarter. Qube Research & Technologies Ltd now owns 47,058 shares of the company’s stock worth $5,412,000 after purchasing an additional 45,039 shares during the period. Waverly Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at about $499,000. Finally, Peterson Wealth Management increased its stake in SPDR S&P Dividend ETF by 1.8% during the 3rd quarter. Peterson Wealth Management now owns 78,908 shares of the company’s stock valued at $9,075,000 after buying an additional 1,412 shares during the period.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY traded down $1.17 during trading on Monday, reaching $126.01. The company had a trading volume of 174,406 shares, compared to its average volume of 333,064. The firm’s fifty day moving average is $129.17 and its 200 day moving average is $126.92. The firm has a market capitalization of $19.93 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $132.49.

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.