Bruderman Asset Management LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,401 shares of the company’s stock after selling 738 shares during the quarter. Bruderman Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,494,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Joel Isaacson & Co. LLC grew its position in shares of SPDR S&P Dividend ETF by 0.9% in the fourth quarter. Joel Isaacson & Co. LLC now owns 1,796,682 shares of the company’s stock valued at $169,751,000 after purchasing an additional 16,469 shares in the last quarter. Capital Investment Advisors LLC grew its position in shares of SPDR S&P Dividend ETF by 5.7% in the fourth quarter. Capital Investment Advisors LLC now owns 1,044,232 shares of the company’s stock valued at $98,259,000 after purchasing an additional 56,420 shares in the last quarter. Mycio Wealth Partners LLC boosted its stake in SPDR S&P Dividend ETF by 15.7% during the fourth quarter. Mycio Wealth Partners LLC now owns 400,022 shares of the company’s stock valued at $37,794,000 after buying an additional 54,390 shares during the period. Bessemer Group Inc. boosted its stake in SPDR S&P Dividend ETF by 42.8% during the fourth quarter. Bessemer Group Inc. now owns 316,214 shares of the company’s stock valued at $29,876,000 after buying an additional 94,720 shares during the period. Finally, Cardan Capital Partners LLC boosted its stake in SPDR S&P Dividend ETF by 2.8% during the fourth quarter. Cardan Capital Partners LLC now owns 266,119 shares of the company’s stock valued at $25,142,000 after buying an additional 7,197 shares during the period.

Shares of SPDR S&P Dividend ETF (NYSEARCA SDY) opened at $91.50 on Thursday. The stock has a market capitalization of $17,520.00 and a price-to-earnings ratio of 28.68. SPDR S&P Dividend ETF has a 52 week low of $85.86 and a 52 week high of $98.29.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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