SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.9% during the 4th quarter, HoldingsChannel.com reports. The fund owned 10,123 shares of the company’s stock after selling 410 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,265,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Grimes & Company Inc. boosted its holdings in SPDR S&P Dividend ETF by 1.6% in the 4th quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after purchasing an additional 84 shares in the last quarter. PFG Investments LLC boosted its holdings in SPDR S&P Dividend ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after purchasing an additional 86 shares in the last quarter. My Legacy Advisors LLC boosted its holdings in SPDR S&P Dividend ETF by 1.4% in the 3rd quarter. My Legacy Advisors LLC now owns 6,614 shares of the company’s stock valued at $745,000 after purchasing an additional 93 shares in the last quarter. PDS Planning Inc boosted its stake in shares of SPDR S&P Dividend ETF by 0.6% during the 4th quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock worth $2,111,000 after acquiring an additional 97 shares in the last quarter. Finally, Cardiff Park Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock worth $38,000 after acquiring an additional 100 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $127.49 on Friday. The business’s 50 day simple moving average is $127.56 and its 200-day simple moving average is $122.78. The firm has a market capitalization of $20.28 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $131.67.

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.