Capital Advisors Ltd. LLC Cuts Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Capital Advisors Ltd. LLC decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.8% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 165,937 shares of the company’s stock after selling 6,605 shares during the period. SPDR S&P Dividend ETF comprises approximately 2.9% of Capital Advisors Ltd. LLC’s portfolio, making the stock its 7th biggest holding. Capital Advisors Ltd. LLC owned about 0.09% of SPDR S&P Dividend ETF worth $20,737,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Friedenthal Financial bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth approximately $29,000. Tennessee Valley Asset Management Partners bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $36,000. Cardiff Park Advisors LLC boosted its holdings in SPDR S&P Dividend ETF by 43.9% in the third quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after acquiring an additional 100 shares in the last quarter. Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 428.6% in the third quarter. Assetmark Inc. now owns 370 shares of the company’s stock valued at $43,000 after acquiring an additional 300 shares in the last quarter. Finally, West Oak Capital LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $53,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY traded up $0.39 during trading hours on Wednesday, hitting $128.45. The company had a trading volume of 228,439 shares, compared to its average volume of 383,861. The company has a market capitalization of $20.43 billion, a PE ratio of 19.41 and a beta of 0.73. The stock has a 50-day moving average price of $127.31 and a 200 day moving average price of $122.55. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67.

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.