SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by CRA Financial Services LLC

CRA Financial Services LLC cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 107,951 shares of the company’s stock after selling 4,442 shares during the period. SPDR S&P Dividend ETF accounts for 2.4% of CRA Financial Services LLC’s portfolio, making the stock its 10th largest holding. CRA Financial Services LLC owned 0.07% of SPDR S&P Dividend ETF worth $14,260,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. Avion Wealth raised its stake in SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after buying an additional 125 shares during the period. Capital Performance Advisors LLP bought a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at $31,000. JNBA Financial Advisors acquired a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $32,000. Assetmark Inc. boosted its position in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period. Finally, Strategic Investment Solutions Inc. IL increased its holdings in shares of SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $134.26 on Tuesday. The stock has a market cap of $21.24 billion, a PE ratio of 19.72 and a beta of 0.68. The firm has a 50-day moving average of $133.77 and a 200-day moving average of $137.53. SPDR S&P Dividend ETF has a 52-week low of $123.32 and a 52-week high of $144.45.

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.