SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Lion Street Advisors LLC

Lion Street Advisors LLC lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,897 shares of the company’s stock after selling 253 shares during the period. Lion Street Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $911,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of SDY. Park Avenue Securities LLC lifted its stake in SPDR S&P Dividend ETF by 15.6% in the 3rd quarter. Park Avenue Securities LLC now owns 7,782 shares of the company’s stock valued at $1,105,000 after buying an additional 1,052 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of SPDR S&P Dividend ETF by 23.4% in the third quarter. GAMMA Investing LLC now owns 2,326 shares of the company’s stock valued at $330,000 after acquiring an additional 441 shares in the last quarter. Diversified Trust Co boosted its stake in shares of SPDR S&P Dividend ETF by 4.6% during the third quarter. Diversified Trust Co now owns 9,600 shares of the company’s stock valued at $1,364,000 after acquiring an additional 426 shares during the last quarter. Greenfield Savings Bank acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter valued at $211,000. Finally, Axiom Advisory LLC increased its position in SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. Axiom Advisory LLC now owns 52,687 shares of the company’s stock worth $7,122,000 after purchasing an additional 1,095 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.3 %

NYSEARCA:SDY opened at $133.67 on Wednesday. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45. The firm has a market cap of $21.15 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company’s 50-day moving average is $135.33 and its two-hundred day moving average is $137.48.

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.