Newman Dignan & Sheerar Inc. Reduces Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Newman Dignan & Sheerar Inc. decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,233 shares of the company’s stock after selling 184 shares during the quarter. Newman Dignan & Sheerar Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,673,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SDY. Avion Wealth lifted its holdings in shares of SPDR S&P Dividend ETF by 164.5% during the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth about $31,000. JNBA Financial Advisors acquired a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth about $32,000. Assetmark Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period. Finally, Strategic Investment Solutions Inc. IL lifted its holdings in shares of SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.5 %

SPDR S&P Dividend ETF stock opened at $134.26 on Friday. SPDR S&P Dividend ETF has a 52 week low of $123.32 and a 52 week high of $144.45. The company has a market capitalization of $21.24 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a 50-day moving average price of $133.89 and a 200 day moving average price of $137.49.

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.