Harbour Investments Inc. Sells 93 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Harbour Investments Inc. reduced its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 9,961 shares of the company’s stock after selling 93 shares during the period. Harbour Investments Inc.’s holdings in SPDR S&P Dividend ETF were worth $1,316,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in SDY. Avion Wealth raised its stake in SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after buying an additional 125 shares during the period. Kestra Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth $31,000. Noble Wealth Management PBC acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth $32,000. Assetmark Inc. raised its stake in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after buying an additional 167 shares during the period. Finally, Rialto Wealth Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $34,000.

SPDR S&P Dividend ETF Price Performance

SDY opened at $135.53 on Wednesday. The business’s 50-day moving average price is $134.62 and its two-hundred day moving average price is $137.64. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The company has a market capitalization of $20.17 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87.

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.