Hengehold Capital Management LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,437 shares of the company’s stock after selling 118 shares during the period. Hengehold Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $477,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of SDY. Johanson Financial Advisors Inc. increased its holdings in SPDR S&P Dividend ETF by 10,934.1% in the 4th quarter. Johanson Financial Advisors Inc. now owns 1,616,830 shares of the company’s stock worth $15,029,000 after acquiring an additional 1,602,177 shares in the last quarter. Massey Quick Simon & CO. LLC boosted its position in shares of SPDR S&P Dividend ETF by 23,168.4% in the third quarter. Massey Quick Simon & CO. LLC now owns 164,042 shares of the company’s stock worth $16,831,000 after purchasing an additional 163,337 shares during the period. Hubbell Strickland Wealth Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the third quarter worth $10,003,000. Simon Quick Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 37.1% in the fourth quarter. Simon Quick Advisors LLC now owns 224,867 shares of the company’s stock worth $24,189,000 after purchasing an additional 60,825 shares in the last quarter. Finally, J.W. Cole Advisors Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $5,357,000.

Shares of SDY traded down $1.03 during trading hours on Friday, reaching $107.11. 41,901 shares of the stock traded hands, compared to its average volume of 762,187. SPDR S&P Dividend ETF has a 52-week low of $92.85 and a 52-week high of $108.66. The company’s 50-day moving average price is $107.31 and its two-hundred day moving average price is $103.48.

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were issued a $0.792 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.17 annualized dividend and a yield of 2.96%. This is an increase from SPDR S&P Dividend ETF’s previous quarterly dividend of $0.53.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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