Loudon Investment Management LLC Sells 840 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Loudon Investment Management LLC reduced its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,170 shares of the company’s stock after selling 840 shares during the quarter. Loudon Investment Management LLC’s holdings in SPDR S&P Dividend ETF were worth $287,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Raymond James Financial Inc. bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth $397,657,000. Joel Isaacson & Co. LLC raised its holdings in SPDR S&P Dividend ETF by 2.2% during the fourth quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after acquiring an additional 54,648 shares during the period. Commonwealth Equity Services LLC raised its holdings in SPDR S&P Dividend ETF by 2.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock valued at $145,831,000 after acquiring an additional 30,488 shares during the period. JPMorgan Chase & Co. raised its holdings in SPDR S&P Dividend ETF by 13.5% during the third 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. Finally, Destination Wealth Management raised its holdings in SPDR S&P Dividend ETF by 0.3% during the third quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after acquiring an additional 2,366 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.5 %

NYSEARCA:SDY opened at $135.09 on Friday. The business’s 50-day simple moving average is $134.81 and its two-hundred day simple moving average is $137.61. The stock has a market cap of $20.10 billion, a PE ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week high of $144.45.

SPDR S&P Dividend ETF Company 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.