SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Clearstead Trust LLC

Clearstead Trust LLC lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 55.8% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 475 shares of the company’s stock after selling 600 shares during the period. Clearstead Trust LLC’s holdings in SPDR S&P Dividend ETF were worth $59,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Royal Bank of Canada grew its position in SPDR S&P Dividend ETF by 0.4% in the third quarter. Royal Bank of Canada now owns 2,644,815 shares of the company’s stock valued at $304,180,000 after acquiring an additional 10,757 shares in the last quarter. Raymond James & Associates increased its stake in SPDR S&P Dividend ETF by 1.5% during the 4th quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock worth $291,463,000 after buying an additional 34,564 shares during the period. J.P. Morgan Private Wealth Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 18.6% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock worth $170,015,000 after buying an additional 231,382 shares in the last quarter. International Assets Investment Management LLC boosted its position in SPDR S&P Dividend ETF by 10,945.4% in the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after buying an additional 1,124,197 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.4% during the third quarter. Janney Montgomery Scott LLC now owns 1,112,783 shares of the company’s stock valued at $127,981,000 after acquiring an additional 26,304 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY traded up $0.51 during trading on Friday, hitting $128.60. The company’s stock had a trading volume of 191,750 shares, compared to its average volume of 370,541. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67. The stock’s 50-day moving average price is $127.86 and its two-hundred day moving average price is $123.31. The company has a market capitalization of $20.34 billion, a PE ratio of 19.72 and a beta of 0.68.

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.