Lansing Street Advisors Has $2.71 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Lansing Street Advisors lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,541 shares of the company’s stock after selling 1,170 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 0.9% of Lansing Street Advisors’ investment portfolio, making the stock its 26th largest position. Lansing Street Advisors’ holdings in SPDR S&P Dividend ETF were worth $2,713,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Roger Wittlin Investment Advisory LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.6% in the 3rd quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after purchasing an additional 73 shares in the last quarter. N.E.W. Advisory Services LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 1.1% in the 4th quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after purchasing an additional 76 shares in the last quarter. Avidian Wealth Enterprises LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 4.9% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after purchasing an additional 76 shares in the last quarter. Good Life Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 1.4% in the 4th quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after purchasing an additional 79 shares in the last quarter. Finally, Smart Money Group LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.7% in the 4th quarter. Smart Money Group LLC now owns 12,547 shares of the company’s stock worth $1,658,000 after purchasing an additional 86 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.1 %

Shares of SDY opened at $136.54 on Friday. SPDR S&P Dividend ETF has a 12-month low of $124.37 and a 12-month high of $144.45. The business’s fifty day moving average is $133.42 and its 200 day moving average is $137.59. The stock has a market cap of $21.60 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.