Freestone Capital Holdings LLC Sells 2,726 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Freestone Capital Holdings LLC reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 24,208 shares of the company’s stock after selling 2,726 shares during the quarter. Freestone Capital Holdings LLC’s holdings in SPDR S&P Dividend ETF were worth $3,198,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SDY. Ritholtz Wealth Management boosted its position in SPDR S&P Dividend ETF by 9.7% during the 4th quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock worth $755,000 after acquiring an additional 505 shares during the last quarter. Empowered Funds LLC bought a new position in SPDR S&P Dividend ETF during the 4th quarter worth $67,000. Franklin Resources Inc. increased its position in SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after buying an additional 1,222 shares during the period. FSA Wealth Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $3,488,000. Finally, Citigroup Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 16.0% during the 3rd quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock worth $3,659,000 after purchasing an additional 3,551 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $136.54 on Thursday. The business’s fifty day moving average is $133.93 and its 200-day moving average is $137.78. The firm has a market cap of $20.43 billion, a P/E ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45.

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.