SPDR S&P Dividend ETF $SDY Holdings Trimmed by Flaharty Asset Management LLC

Flaharty Asset Management LLC trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.1% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 198,530 shares of the company’s stock after selling 15,170 shares during the period. SPDR S&P Dividend ETF comprises 3.4% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 10th biggest position. Flaharty Asset Management LLC owned approximately 0.14% of SPDR S&P Dividend ETF worth $27,628,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. CVA Family Office LLC grew its holdings in shares of SPDR S&P Dividend ETF by 60.0% in 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 in the last quarter. Flagship Wealth Advisors LLC lifted its holdings in 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 worth $28,000 after acquiring an additional 175 shares during the period. Compass Financial Services Inc bought a new stake in SPDR S&P Dividend ETF during the third quarter worth $29,000. Delos Wealth Advisors LLC purchased a new position in SPDR S&P Dividend ETF in the third quarter worth $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P Dividend ETF in the fourth quarter worth $34,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $148.12 on Thursday. SPDR S&P Dividend ETF has a 1 year low of $131.96 and a 1 year high of $156.39. The company has a market capitalization of $21.68 billion, a PE ratio of 19.85 and a beta of 0.71. The business has a fifty day moving average price of $147.37 and a two-hundred day moving average price of $145.58.

About SPDR S&P Dividend ETF

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.