SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Lindbrook Capital LLC

Lindbrook Capital LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 31.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 1,327 shares of the company’s stock after selling 623 shares during the period. Lindbrook Capital LLC’s holdings in SPDR S&P Dividend ETF were worth $166,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. J.W. Cole Advisors Inc. raised its position in shares of SPDR S&P Dividend ETF by 85.2% in the 4th quarter. J.W. Cole Advisors Inc. now owns 55,260 shares of the company’s stock valued at $6,906,000 after purchasing an additional 25,430 shares in the last quarter. Key Financial Inc raised its position in shares of SPDR S&P Dividend ETF by 4.5% in the 4th quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after purchasing an additional 180 shares in the last quarter. KCM Investment Advisors LLC raised its position in shares of SPDR S&P Dividend ETF by 7.9% in the 3rd quarter. KCM Investment Advisors LLC now owns 105,752 shares of the company’s stock valued at $12,163,000 after purchasing an additional 7,769 shares in the last quarter. Interchange Capital Partners LLC raised its position in shares of SPDR S&P Dividend ETF by 5.6% in the 4th quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock valued at $703,000 after purchasing an additional 298 shares in the last quarter. Finally, Charles Schwab Trust Co raised its position in shares of SPDR S&P Dividend ETF by 64.0% in the 4th quarter. Charles Schwab Trust Co now owns 24,567 shares of the company’s stock valued at $3,070,000 after purchasing an additional 9,587 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.3 %

Shares of SDY opened at $128.06 on Wednesday. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $131.67. The firm has a market cap of $20.37 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. The business’s 50 day moving average is $127.31 and its two-hundred day moving average is $122.55.

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.