SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by AlphaStar Capital Management LLC

AlphaStar Capital Management LLC trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,140 shares of the company’s stock after selling 294 shares during the period. AlphaStar Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wedmont Private Capital boosted its stake in shares of SPDR S&P Dividend ETF by 4.0% in the third quarter. Wedmont Private Capital now owns 4,178 shares of the company’s stock worth $584,000 after buying an additional 160 shares during the last quarter. Clarius Group LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $356,000. Concourse Financial Group Securities Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 1.1% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 42,422 shares of the company’s stock valued at $6,026,000 after purchasing an additional 448 shares in the last quarter. McCarthy & Cox purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $359,000. Finally, Oxler Private Wealth LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $206,000.

SPDR S&P Dividend ETF Stock Down 0.5 %

Shares of SPDR S&P Dividend ETF stock opened at $132.90 on Friday. The firm has a market cap of $21.02 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average price of $134.52 and a 200 day moving average price of $137.45. SPDR S&P Dividend ETF has a twelve month low of $121.52 and a twelve month high of $144.45.

About SPDR S&P Dividend ETF

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.