SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Integrated Advisors Network LLC

Integrated Advisors Network LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 14,576 shares of the company’s stock after selling 110 shares during the period. Integrated Advisors Network LLC’s holdings in SPDR S&P Dividend ETF were worth $1,978,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of SDY. Glass Jacobson Investment Advisors llc purchased a new position in SPDR S&P Dividend ETF during the 4th quarter worth $26,000. Avion Wealth boosted its holdings in shares of SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after acquiring an additional 125 shares in the last quarter. Colonial Trust Advisors acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth about $29,000. Kestra Investment Management LLC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $31,000. Finally, Noble Wealth Management PBC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $32,000.

SPDR S&P Dividend ETF Stock Down 0.5%

Shares of NYSEARCA:SDY opened at $135.90 on Thursday. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The company has a 50-day moving average price of $131.73 and a 200 day moving average price of $134.08. The company has a market cap of $20.01 billion, a P/E ratio of 20.59 and a beta of 0.80.

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.