Nwam LLC Lowers Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Nwam LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 36,952 shares of the company’s stock after selling 177 shares during the period. Nwam LLC’s holdings in SPDR S&P Dividend ETF were worth $4,881,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SDY. JPMorgan Chase & Co. increased its holdings in SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after acquiring an additional 122,858 shares during the last quarter. TigerOak Management L.L.C. bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $16,186,000. Private Advisor Group LLC increased its holdings in SPDR S&P Dividend ETF by 84.5% in the 4th quarter. Private Advisor Group LLC now owns 255,882 shares of the company’s stock valued at $33,802,000 after acquiring an additional 117,210 shares during the last quarter. Argent Capital Management LLC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $14,644,000. Finally, Strategic Financial Concepts LLC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $11,505,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $136.76 on Thursday. The company has a market cap of $20.46 billion, a P/E ratio of 21.48 and a beta of 0.88. The firm’s fifty day moving average is $133.52 and its two-hundred day moving average is $137.68. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45.

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.