Etfidea LLC Has $3.94 Million Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Etfidea LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,979 shares of the company’s stock after selling 1,054 shares during the quarter. SPDR S&P Dividend ETF makes up 1.3% of Etfidea LLC’s investment portfolio, making the stock its 20th biggest holding. Etfidea LLC’s holdings in SPDR S&P Dividend ETF were worth $3,940,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Vantage Financial Partners LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $453,000. Coldstream Capital Management Inc. increased its position in shares of SPDR S&P Dividend ETF by 52.2% during the fourth quarter. Coldstream Capital Management Inc. now owns 5,999 shares of the company’s stock valued at $750,000 after acquiring an additional 2,058 shares during the last quarter. D.A. Davidson & CO. boosted its stake in SPDR S&P Dividend ETF by 19.5% in the fourth quarter. D.A. Davidson & CO. now owns 12,572 shares of the company’s stock valued at $1,571,000 after acquiring an additional 2,050 shares during the last quarter. Trexquant Investment LP purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter worth about $392,000. Finally, Assetmark Inc. lifted its position in shares of SPDR S&P Dividend ETF by 280.5% during the fourth quarter. Assetmark Inc. now owns 1,408 shares of the company’s stock worth $176,000 after acquiring an additional 1,038 shares in the last quarter.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of SPDR S&P Dividend ETF stock opened at $141.10 on Friday. The company’s 50-day moving average price is $135.87 and its 200-day moving average price is $131.11. The company has a market cap of $22.32 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $142.14.

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.