GLOBALT Investments LLC GA Sells 401 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

GLOBALT Investments LLC GA decreased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 13,383 shares of the company’s stock after selling 401 shares during the quarter. GLOBALT Investments LLC GA’s holdings in SPDR S&P Dividend ETF were worth $1,768,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Roger Wittlin Investment Advisory LLC grew its stake in shares of SPDR S&P Dividend ETF by 0.6% during the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after buying an additional 73 shares during the last quarter. N.E.W. Advisory Services LLC grew its stake in SPDR S&P Dividend ETF by 1.1% in the fourth 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 grew its stake in SPDR S&P Dividend ETF by 4.9% in the fourth 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 grew its stake in SPDR S&P Dividend ETF by 1.4% in the fourth 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, Rebalance LLC grew its stake in SPDR S&P Dividend ETF by 0.8% in the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock worth $1,447,000 after purchasing an additional 85 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 1.1 %

Shares of NYSEARCA:SDY opened at $134.62 on Monday. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45. The stock has a market cap of $20.03 billion, a P/E ratio of 20.91 and a beta of 0.87. The business’s 50 day moving average is $134.42 and its 200 day moving average is $137.69.

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.