SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by FDx Advisors Inc.

FDx Advisors Inc. cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 27,615 shares of the company’s stock after selling 807 shares during the quarter. SPDR S&P Dividend ETF accounts for about 1.1% of FDx Advisors Inc.’s investment portfolio, making the stock its 28th largest holding. FDx Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $3,648,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Avion Wealth grew its holdings in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Capital Performance Advisors LLP purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Kestra Investment Management LLC purchased a new position in SPDR S&P Dividend ETF during the 4th quarter valued at about $31,000. Finally, Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $136.66 on Friday. The business has a 50-day moving average of $133.50 and a 200 day moving average of $137.52. SPDR S&P Dividend ETF has a 12 month low of $124.12 and a 12 month high of $144.45. The stock has a market capitalization of $21.62 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.