FORVIS Wealth Advisors LLC Decreases Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

FORVIS Wealth Advisors LLC trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 89,667 shares of the company’s stock after selling 1,342 shares during the period. FORVIS Wealth Advisors LLC owned about 0.06% of SPDR S&P Dividend ETF worth $11,768,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of SPDR S&P Dividend ETF by 0.4% during the 3rd quarter. Royal Bank of Canada now owns 2,644,815 shares of the company’s stock worth $304,180,000 after buying an additional 10,757 shares during the last quarter. Raymond James & Associates grew its position in 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 worth $291,463,000 after purchasing an additional 34,564 shares during the last quarter. UBS Group AG grew its position in SPDR S&P Dividend ETF by 3.5% during 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 last quarter. International Assets Investment Management LLC increased its stake in 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 purchasing an additional 1,124,197 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in shares of SPDR S&P Dividend ETF by 0.3% in 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 during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

Shares of NYSEARCA SDY traded down $0.14 during midday trading on Thursday, reaching $126.39. 344,904 shares of the company were exchanged, compared to its average volume of 332,618. The stock has a market cap of $19.99 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $132.49. The stock has a fifty day simple moving average of $129.06 and a 200 day simple moving average of $126.95.

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.