Oppenheimer & Co. Inc. Reduces Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Oppenheimer & Co. Inc. reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,462 shares of the company’s stock after selling 581 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in SPDR S&P Dividend ETF were worth $6,742,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently made changes to their positions in SDY. Capital Performance Advisors LLP bought a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $31,000. JNBA Financial Advisors purchased a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Russell Investments Group Ltd. grew its stake in SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 2nd quarter valued at $34,000. Finally, Assetmark Inc. lifted its position in shares of SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $140.78 on Thursday. The firm has a market capitalization of $22.27 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $115.51 and a one year high of $144.06. The business has a fifty day moving average price of $140.59 and a 200-day moving average price of $134.56.

About SPDR S&P Dividend ETF

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.