Dynamic Advisor Solutions LLC Cuts Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Dynamic Advisor Solutions LLC cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 27.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 20,332 shares of the company’s stock after selling 7,551 shares during the period. Dynamic Advisor Solutions LLC’s holdings in SPDR S&P Dividend ETF were worth $2,686,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Coston McIsaac & Partners grew its stake in shares of SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after purchasing an additional 72 shares during the period. Marshall Financial Group LLC boosted its holdings in SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after buying an additional 73 shares in the last quarter. Roger Wittlin Investment Advisory LLC grew its position in SPDR S&P Dividend ETF by 0.6% during the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock valued at $1,861,000 after buying an additional 73 shares during the period. WealthBridge Capital Management LLC increased its holdings in SPDR S&P Dividend ETF by 1.8% in the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after buying an additional 75 shares in the last quarter. Finally, M3 Advisory Group LLC raised its position in shares of SPDR S&P Dividend ETF by 2.1% in the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after acquiring an additional 76 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.0 %

NYSEARCA:SDY opened at $133.91 on Friday. SPDR S&P Dividend ETF has a 52 week low of $121.52 and a 52 week high of $144.45. The stock’s 50-day moving average price is $136.10 and its 200-day moving average price is $137.19. The stock has a market capitalization of $21.18 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.