Mirae Asset Global Investments Co. Ltd. Sells 1,000 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Mirae Asset Global Investments Co. Ltd. trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,500 shares of the company’s stock after selling 1,000 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in SPDR S&P Dividend ETF were worth $2,687,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in SDY. KCM Investment Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF by 7.9% during the third quarter. KCM Investment Advisors LLC now owns 105,752 shares of the company’s stock worth $12,163,000 after buying an additional 7,769 shares during the last quarter. Interchange Capital Partners LLC grew its stake in shares of SPDR S&P Dividend ETF by 5.6% in the fourth quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock worth $703,000 after purchasing an additional 298 shares during the last quarter. Charles Schwab Trust Co grew its stake in shares of SPDR S&P Dividend ETF by 64.0% in the fourth quarter. Charles Schwab Trust Co now owns 24,567 shares of the company’s stock worth $3,070,000 after purchasing an additional 9,587 shares during the last quarter. Raymond James & Associates grew its stake in shares of SPDR S&P Dividend ETF by 1.5% in the fourth quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock worth $291,463,000 after purchasing an additional 34,564 shares during the last quarter. Finally, Legacy Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF by 4.6% in the third quarter. Legacy Advisors LLC now owns 25,231 shares of the company’s stock worth $2,902,000 after purchasing an additional 1,119 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.5 %

Shares of SPDR S&P Dividend ETF stock opened at $125.65 on Friday. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $131.67. The stock has a market cap of $19.98 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. The company’s fifty day moving average is $127.06 and its 200 day moving average is $122.12.

SPDR S&P Dividend ETF 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.