Greenhouse Wealth Management LLC Reduces Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Greenhouse Wealth Management LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 56.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,786 shares of the company’s stock after selling 3,633 shares during the period. Greenhouse Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $378,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Avidian Wealth Enterprises LLC lifted its holdings in SPDR S&P Dividend ETF by 4.9% in the fourth quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after buying an additional 76 shares during the period. Good Life Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 1.4% in the fourth quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after buying an additional 79 shares during the period. Creekmur Asset Management LLC lifted its holdings in SPDR S&P Dividend ETF by 0.7% in the fourth quarter. Creekmur Asset Management LLC now owns 11,357 shares of the company’s stock worth $1,500,000 after buying an additional 80 shares during the period. Rebalance LLC lifted its holdings in SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock worth $1,447,000 after buying an additional 85 shares during the period. Finally, Long Run Wealth Advisors LLC lifted its holdings in SPDR S&P Dividend ETF by 0.6% in the first quarter. Long Run Wealth Advisors LLC now owns 14,452 shares of the company’s stock worth $1,961,000 after buying an additional 88 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $134.80 on Friday. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45. The company has a 50-day simple moving average of $132.25 and a two-hundred day simple moving average of $133.97. The firm has a market capitalization of $19.85 billion, a PE ratio of 20.59 and a beta of 0.80.

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.