Retirement Investment Advisors Inc. Sells 612 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Retirement Investment Advisors Inc. trimmed its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,432 shares of the company’s stock after selling 612 shares during the period. SPDR S&P Dividend ETF accounts for about 0.2% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its 17th biggest holding. Retirement Investment Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,171,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Raymond James Financial Inc. bought a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $397,657,000. LPL Financial LLC boosted its stake in SPDR S&P Dividend ETF by 2.1% during the 4th quarter. LPL Financial LLC now owns 2,861,694 shares of the company’s stock worth $378,030,000 after acquiring an additional 59,001 shares during the last quarter. Joel Isaacson & Co. LLC boosted its stake in 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 during the last quarter. JPMorgan Chase & Co. grew its holdings in SPDR S&P Dividend ETF by 63.0% during the fourth quarter. JPMorgan Chase & Co. now owns 1,688,669 shares of the company’s stock valued at $223,073,000 after purchasing an additional 652,619 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in SPDR S&P Dividend ETF by 2.8% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock valued at $145,831,000 after purchasing an additional 30,488 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.6 %

Shares of NYSEARCA SDY opened at $134.29 on Friday. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. The company’s fifty day moving average is $135.17 and its 200-day moving average is $137.41.

SPDR S&P Dividend ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th were issued a dividend of $0.8184 per share. The ex-dividend date was Monday, March 24th.

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.