Fiduciary Alliance LLC Lowers Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fiduciary Alliance LLC lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,691 shares of the company’s stock after selling 102 shares during the quarter. Fiduciary Alliance LLC’s holdings in SPDR S&P Dividend ETF were worth $223,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Capital Performance Advisors LLP purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors purchased a new position in SPDR S&P Dividend ETF during the third quarter valued at $32,000. Assetmark Inc. increased its holdings in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its stake in SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares in the last quarter. Finally, ST Germain D J Co. Inc. bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $38,000.

SPDR S&P Dividend ETF Trading Up 0.9 %

Shares of SPDR S&P Dividend ETF stock opened at $131.09 on Wednesday. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock has a 50 day moving average of $137.25 and a 200 day moving average of $136.94. The firm has a market cap of $20.74 billion, a PE ratio of 19.72 and a beta of 0.68.

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.