KFA Private Wealth Group LLC Trims Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

KFA Private Wealth Group LLC cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,930 shares of the company’s stock after selling 193 shares during the quarter. KFA Private Wealth Group LLC’s holdings in SPDR S&P Dividend ETF were worth $255,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Berkshire Bank raised its position in SPDR S&P Dividend ETF by 10.9% during the 4th quarter. Berkshire Bank now owns 4,481 shares of the company’s stock worth $592,000 after buying an additional 439 shares during the last quarter. Kingswood Wealth Advisors LLC raised its position in SPDR S&P Dividend ETF by 29.3% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 39,689 shares of the company’s stock worth $5,243,000 after buying an additional 8,996 shares during the last quarter. PFG Investments LLC raised its position in SPDR S&P Dividend ETF by 3.8% during the 4th quarter. PFG Investments LLC now owns 14,926 shares of the company’s stock worth $1,972,000 after buying an additional 542 shares during the last quarter. Legacy Financial Group LLC raised its position in SPDR S&P Dividend ETF by 0.8% during the 4th quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock worth $49,850,000 after buying an additional 3,088 shares during the last quarter. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its position in SPDR S&P Dividend ETF by 4.5% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,611 shares of the company’s stock worth $741,000 after buying an additional 244 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $136.34 on Tuesday. The stock has a market capitalization of $21.57 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The firm’s 50 day simple moving average is $136.10 and its 200-day simple moving average is $137.34.

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.