Good Life Advisors LLC Sells 319 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Good Life Advisors LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,208 shares of the company’s stock after selling 319 shares during the quarter. Good Life Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $651,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of SDY. Barclays PLC acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at approximately $25,000. Russell Investments Group Ltd. acquired a new stake in SPDR S&P Dividend ETF in the second quarter worth $27,000. Live Oak Investment Partners acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter worth $34,000. West Tower Group LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter worth $38,000. Finally, Cardiff Park Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 43.9% during the third quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock worth $38,000 after acquiring an additional 100 shares during the period.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock traded up $0.35 during mid-day trading on Thursday, reaching $131.24. The company’s stock had a trading volume of 318,990 shares, compared to its average volume of 420,234. The company has a market capitalization of $23.36 billion, a price-to-earnings ratio of 14.72 and a beta of 0.86. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67. The business’s 50 day simple moving average is $125.43 and its 200 day simple moving average is $120.96.

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.