SPDR S&P Dividend ETF $SDY Shares Sold by Mesirow Financial Investment Management Inc.

Mesirow Financial Investment Management Inc. lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 12.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,575 shares of the company’s stock after selling 12,869 shares during the quarter. Mesirow Financial Investment Management Inc. owned approximately 0.06% of SPDR S&P Dividend ETF worth $12,604,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. CVA Family Office LLC raised its holdings in shares of SPDR S&P Dividend ETF by 60.0% during the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after acquiring an additional 75 shares during the last quarter. Flagship Wealth Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 625.0% during the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares during the last quarter. Compass Financial Services Inc purchased a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $29,000. Delos Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $34,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $147.07 on Thursday. The business has a 50 day simple moving average of $147.90 and a 200-day simple moving average of $145.27. The firm has a market capitalization of $21.52 billion, a PE ratio of 19.85 and a beta of 0.71. SPDR S&P Dividend ETF has a 1 year low of $131.96 and a 1 year high of $156.39.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.