McNaughton Wealth Management LLC Lowers Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

McNaughton Wealth Management LLC reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.8% in the 4th quarter, HoldingsChannel reports. The firm owned 11,697 shares of the company’s stock after selling 219 shares during the period. McNaughton Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,545,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Ehrlich Financial Group lifted its stake in shares of SPDR S&P Dividend ETF by 9.0% in the fourth quarter. Ehrlich Financial Group now owns 4,955 shares of the company’s stock valued at $655,000 after purchasing an additional 408 shares during the period. PPS&V Asset Management Consultants Inc. increased its holdings in SPDR S&P Dividend ETF by 3.6% in the fourth quarter. PPS&V Asset Management Consultants Inc. now owns 8,573 shares of the company’s stock valued at $1,133,000 after buying an additional 295 shares in the last quarter. Cadent Capital Advisors LLC lifted its position in shares of SPDR S&P Dividend ETF by 0.5% during the 4th quarter. Cadent Capital Advisors LLC now owns 26,296 shares of the company’s stock valued at $3,474,000 after acquiring an additional 120 shares during the period. Wedmont Private Capital boosted its stake in shares of SPDR S&P Dividend ETF by 4.8% during the 4th quarter. Wedmont Private Capital now owns 4,378 shares of the company’s stock worth $564,000 after acquiring an additional 200 shares in the last quarter. Finally, RMR Wealth Builders grew its holdings in shares of SPDR S&P Dividend ETF by 162.0% in the 4th quarter. RMR Wealth Builders now owns 6,862 shares of the company’s stock worth $907,000 after acquiring an additional 4,243 shares during the period.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $129.91 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The firm has a market capitalization of $20.55 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock’s fifty day moving average is $137.42 and its two-hundred day moving average is $136.91.

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.