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

Cooksen Wealth LLC lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,801 shares of the company’s stock after selling 741 shares during the quarter. SPDR S&P Dividend ETF accounts for about 1.3% of Cooksen Wealth LLC’s holdings, making the stock its 25th biggest position. Cooksen Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,427,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Joel Isaacson & Co. LLC boosted its stake in shares of SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after acquiring an additional 54,648 shares in the last quarter. International Assets Investment Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after acquiring an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of SPDR S&P Dividend ETF by 13.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Destination Wealth Management boosted its stake in shares of SPDR S&P Dividend ETF by 0.3% during the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock worth $99,488,000 after acquiring an additional 2,366 shares in the last quarter. Finally, Legacy Financial Group LLC boosted its stake in shares of SPDR S&P Dividend ETF by 0.8% during the 4th quarter. Legacy Financial Group LLC now owns 377,368 shares of the company’s stock worth $49,850,000 after acquiring an additional 3,088 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $134.26 on Monday. The business’s 50 day simple moving average is $133.77 and its 200-day simple moving average is $137.53. The firm has a market capitalization of $21.24 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $123.32 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.