SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by McAdam LLC

McAdam LLC lessened its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.7% in the fourth quarter, HoldingsChannel reports. The fund owned 1,699 shares of the company’s stock after selling 292 shares during the period. McAdam LLC’s holdings in SPDR S&P Dividend ETF were worth $212,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Friedenthal Financial acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter worth about $29,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $36,000. Cardiff Park Advisors LLC boosted its holdings in shares of 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 shares of 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 acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at approximately $53,000.

SPDR S&P Dividend ETF Price Performance

SDY opened at $127.24 on Wednesday. The business has a 50 day moving average price of $127.70 and a two-hundred day moving average price of $123.03. The company has a market capitalization of $20.24 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $131.67.

SPDR S&P Dividend ETF Company 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.