SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Holdings Reduced by Transcend Capital Advisors LLC

Transcend Capital Advisors LLC cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 34,072 shares of the company’s stock after selling 2,486 shares during the period. Transcend Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $4,501,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in SDY. Ritholtz Wealth Management raised its position in SPDR S&P Dividend ETF by 9.7% during the fourth quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock valued at $755,000 after acquiring an additional 505 shares in the last quarter. Franklin Resources Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after purchasing an additional 1,222 shares in the last quarter. FSA Wealth Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $3,488,000. Citigroup Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 16.0% in the 3rd quarter. Citigroup Inc. now owns 25,758 shares of the company’s stock valued at $3,659,000 after purchasing an additional 3,551 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in SPDR S&P Dividend ETF by 4.6% in the third quarter. Stifel Financial Corp now owns 217,159 shares of the company’s stock worth $30,846,000 after purchasing an additional 9,594 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $136.66 on Friday. SPDR S&P Dividend ETF has a one year low of $124.12 and a one year high of $144.45. The company’s fifty day moving average price is $133.45 and its two-hundred day moving average price is $137.52. The company has a market capitalization of $21.62 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.