Alexander Labrunerie & CO. Inc. Sells 208 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Alexander Labrunerie & CO. Inc. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.1% during the fourth quarter, HoldingsChannel reports. The firm owned 4,809 shares of the company’s stock after selling 208 shares during the quarter. Alexander Labrunerie & CO. Inc.’s holdings in SPDR S&P Dividend ETF were worth $635,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Coston McIsaac & Partners increased its position in SPDR S&P Dividend ETF by 0.5% during the third quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after acquiring an additional 72 shares during the period. Marshall Financial Group LLC increased its position in SPDR S&P Dividend ETF by 3.7% during the third quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after acquiring an additional 73 shares during the period. Roger Wittlin Investment Advisory LLC increased its position in SPDR S&P Dividend ETF by 0.6% during the third quarter. Roger Wittlin Investment Advisory LLC now owns 13,100 shares of the company’s stock worth $1,861,000 after acquiring an additional 73 shares during the period. M3 Advisory Group LLC increased its position in SPDR S&P Dividend ETF by 2.1% during the third quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after acquiring an additional 76 shares during the period. Finally, N.E.W. Advisory Services LLC increased its position in SPDR S&P Dividend ETF by 1.1% during the fourth quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock worth $914,000 after acquiring an additional 76 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.3 %

Shares of SDY stock opened at $133.67 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45. The firm’s fifty day simple moving average is $135.33 and its 200 day simple moving average is $137.48. The firm has a market capitalization of $21.15 billion, a P/E 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.