SPDR S&P Dividend ETF (NYSEARCA:SDY) Holdings Decreased by Ritholtz Wealth Management

Ritholtz Wealth Management decreased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.7% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 5,213 shares of the company’s stock after selling 257 shares during the quarter. Ritholtz Wealth Management’s holdings in SPDR S&P Dividend ETF were worth $615,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. McIlrath & Eck LLC grew its stake in SPDR S&P Dividend ETF by 292.7% in the first quarter. McIlrath & Eck LLC now owns 216 shares of the company’s stock valued at $25,000 after purchasing an additional 161 shares in the last quarter. West Financial Advisors LLC purchased a new position in SPDR S&P Dividend ETF in the fourth quarter valued at about $33,000. Reilly Financial Advisors LLC grew its stake in SPDR S&P Dividend ETF by 1,095.8% in the first quarter. Reilly Financial Advisors LLC now owns 287 shares of the company’s stock valued at $34,000 after purchasing an additional 263 shares in the last quarter. Signet Investment Advisory Group Inc. purchased a new position in SPDR S&P Dividend ETF in the fourth quarter valued at about $39,000. Finally, Ropes Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $53,000.

Shares of NYSEARCA:SDY opened at $126.36 on Friday. SPDR S&P Dividend ETF has a fifty-two week low of $87.56 and a fifty-two week high of $128.90. The business has a 50-day moving average of $123.69.

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.

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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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