Sigma Planning Corp Trims Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Sigma Planning Corp lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 31.7% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 9,877 shares of the company’s stock after selling 4,593 shares during the quarter. Sigma Planning Corp’s holdings in SPDR S&P Dividend ETF were worth $1,305,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Joel Isaacson & Co. LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 2.2% in the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after acquiring an additional 54,648 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in SPDR S&P Dividend ETF by 13.5% during the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after purchasing an additional 122,858 shares in the last quarter. Destination Wealth Management lifted its stake in SPDR S&P Dividend ETF by 0.3% during the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after purchasing an additional 2,366 shares in the last quarter. Elk River Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.6% during the fourth quarter. Elk River Wealth Management LLC now owns 395,119 shares of the company’s stock worth $52,196,000 after buying an additional 10,095 shares during the period. Finally, Legacy Financial Group LLC grew its stake in shares of SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock valued at $49,850,000 after buying an additional 3,088 shares in the last quarter.

SPDR S&P Dividend ETF Trading Up 0.3 %

SDY stock opened at $136.96 on Tuesday. The business’s fifty day moving average price is $133.41 and its 200 day moving average price is $137.66. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The company has a market capitalization of $21.67 billion, a PE ratio of 19.72 and a beta of 0.68.

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.