Stephens Inc. AR Reduces Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Stephens Inc. AR lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,159 shares of the company’s stock after selling 2,730 shares during the quarter. Stephens Inc. AR’s holdings in SPDR S&P Dividend ETF were worth $2,927,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter worth $32,000. Assetmark Inc. boosted its position in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its stake in shares of SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after acquiring an additional 140 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth about $41,000.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $134.44 on Wednesday. The stock has a market cap of $21.27 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The business’s 50-day simple moving average is $134.32 and its 200 day simple moving average is $137.54.

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.