SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Transform Wealth LLC

Transform Wealth LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.3% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 7,559 shares of the company’s stock after selling 1,257 shares during the period. Transform Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $999,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Joel Isaacson & Co. LLC boosted its holdings in SPDR S&P Dividend ETF by 1.2% during the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after buying an additional 30,381 shares in the last quarter. International Assets Investment Management LLC increased its holdings in SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares in the last quarter. JPMorgan Chase & Co. lifted its position 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 valued at $147,161,000 after acquiring an additional 122,858 shares during the period. 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, Creative Planning grew its holdings in shares of SPDR S&P Dividend ETF by 1.1% in the 2nd quarter. Creative Planning now owns 461,739 shares of the company’s stock worth $58,724,000 after acquiring an additional 4,963 shares during the period.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $134.93 on Wednesday. The business has a 50 day moving average price of $136.60 and a 200 day moving average price of $137.13. The company has a market capitalization of $21.35 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year 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.