Janney Montgomery Scott LLC Sells 2,646 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Janney Montgomery Scott LLC decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,057,319 shares of the company’s stock after selling 2,646 shares during the period. Janney Montgomery Scott LLC’s holdings in SPDR S&P Dividend ETF were worth $139,672,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also bought and sold shares of SDY. Capital Performance Advisors LLP bought a new position in SPDR S&P Dividend ETF in the third quarter valued at $31,000. JNBA Financial Advisors purchased a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth about $32,000. Assetmark Inc. boosted 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. Strategic Investment Solutions Inc. IL boosted 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. Finally, Darwin Wealth Management LLC purchased a new stake in SPDR S&P Dividend ETF in the third quarter worth about $41,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $133.37 on Thursday. The company has a 50-day simple moving average of $136.48 and a two-hundred day simple moving average of $137.19. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The firm has a market capitalization of $21.10 billion, a PE ratio of 19.72 and a beta of 0.68.

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.