Cadent Capital Advisors LLC Sells 15,118 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cadent Capital Advisors LLC trimmed its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 57.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 11,178 shares of the company’s stock after selling 15,118 shares during the period. Cadent Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,517,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Raymond James Financial Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at about $397,657,000. Assetmark Inc. increased its stake in shares of SPDR S&P Dividend ETF by 267,004.3% in the 4th quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock valued at $89,623,000 after purchasing an additional 678,191 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of SPDR S&P Dividend ETF by 63.0% during the 4th quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock worth $223,073,000 after buying an additional 652,619 shares during the period. Wells Fargo & Company MN raised its position in SPDR S&P Dividend ETF by 19.0% during the fourth quarter. Wells Fargo & Company MN now owns 2,103,521 shares of the company’s stock worth $277,875,000 after acquiring an additional 335,483 shares during the period. Finally, GAMMA Investing LLC lifted its stake in SPDR S&P Dividend ETF by 13,468.0% in the 1st quarter. GAMMA Investing LLC now owns 315,592 shares of the company’s stock valued at $42,820,000 after buying an additional 313,266 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $134.10 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $144.45. The business’s 50 day moving average price is $132.63 and its 200-day moving average price is $133.78. The firm has a market capitalization of $19.75 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.