Sanctuary Advisors LLC Trims Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Sanctuary Advisors LLC cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 96,359 shares of the company’s stock after selling 2,702 shares during the period. Sanctuary Advisors LLC owned about 0.06% of SPDR S&P Dividend ETF worth $13,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Americana Partners LLC increased its stake in shares of SPDR S&P Dividend ETF by 9.5% in the fourth quarter. Americana Partners LLC now owns 50,527 shares of the company’s stock worth $6,675,000 after purchasing an additional 4,398 shares in the last quarter. Pinnacle Wealth Management Advisory Group LLC increased its stake in shares of SPDR S&P Dividend ETF by 6.1% in the fourth quarter. Pinnacle Wealth Management Advisory Group LLC now owns 1,682 shares of the company’s stock worth $222,000 after purchasing an additional 97 shares in the last quarter. Csenge Advisory Group increased its stake in shares of SPDR S&P Dividend ETF by 303.8% in the fourth quarter. Csenge Advisory Group now owns 16,032 shares of the company’s stock worth $2,118,000 after purchasing an additional 12,062 shares in the last quarter. Palouse Capital Management Inc. purchased a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth $867,000. Finally, Strategic Financial Concepts LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth $285,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $135.12 on Wednesday. The firm has a fifty day moving average price of $133.65 and a 200 day moving average price of $137.53. SPDR S&P Dividend ETF has a fifty-two week low of $123.94 and a fifty-two week high of $144.45. The firm has a market cap of $21.38 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.