SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Godsey & Gibb Inc.

Godsey & Gibb Inc. lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,743 shares of the company’s stock after selling 113 shares during the quarter. Godsey & Gibb Inc.’s holdings in SPDR S&P Dividend ETF were worth $236,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Avion Wealth raised its holdings in SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the last quarter. Glass Jacobson Investment Advisors llc acquired a new position in SPDR S&P Dividend ETF during the fourth quarter worth $26,000. Colonial Trust Advisors bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $29,000. Kestra Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth $31,000. Finally, Noble Wealth Management PBC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $32,000.

SPDR S&P Dividend ETF Stock Up 0.7%

Shares of NYSEARCA:SDY opened at $135.23 on Friday. The firm has a market cap of $19.91 billion, a PE ratio of 20.59 and a beta of 0.80. The company’s 50 day moving average price is $131.45 and its two-hundred day moving average price is $134.19. SPDR S&P Dividend ETF has a 12-month low of $119.83 and a 12-month high of $144.45.

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.