James Investment Research Inc. Lowers Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

James Investment Research Inc. reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 21.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 26,629 shares of the company’s stock after selling 7,295 shares during the period. James Investment Research Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,864,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Intl Fcstone Inc. lifted its position in shares of SPDR S&P Dividend ETF by 55.2% during the fourth quarter. Intl Fcstone Inc. now owns 5,660 shares of the company’s stock worth $609,000 after purchasing an additional 2,012 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $183,000. Peddock Capital Advisors LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth approximately $42,000. Mechanics Bank Trust Department lifted its holdings in SPDR S&P Dividend ETF by 3.0% during the 4th quarter. Mechanics Bank Trust Department now owns 36,972 shares of the company’s stock worth $3,977,000 after buying an additional 1,065 shares in the last quarter. Finally, Nwam LLC lifted its holdings in SPDR S&P Dividend ETF by 6.0% during the 4th quarter. Nwam LLC now owns 28,091 shares of the company’s stock worth $3,022,000 after buying an additional 1,602 shares in the last quarter.

Shares of SDY stock opened at $107.08 on Friday. The firm has a 50 day moving average of $107.36 and a two-hundred day moving average of $103.51. SPDR S&P Dividend ETF has a 52 week low of $92.85 and a 52 week high of $108.66.

About SPDR S&P Dividend ETF

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.

Further Reading: Certificate of Deposit (CD) For Risk Adverse Investors?

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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