White Pine Capital LLC Decreases Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

White Pine Capital LLC decreased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,463 shares of the company’s stock after selling 432 shares during the period. White Pine Capital LLC’s holdings in SPDR S&P Dividend ETF were worth $1,514,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SDY. Avion Wealth lifted its stake in SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at $31,000. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth about $32,000. Assetmark Inc. lifted its holdings in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter. Finally, Strategic Investment Solutions Inc. IL boosted its stake in SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the period.

SPDR S&P Dividend ETF Stock Up 1.0 %

Shares of SDY opened at $134.88 on Friday. SPDR S&P Dividend ETF has a twelve month low of $122.20 and a twelve month high of $144.45. The stock has a market cap of $21.34 billion, a PE ratio of 19.72 and a beta of 0.68. The business’s 50-day moving average price is $134.01 and its 200-day moving average price is $137.51.

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.