Western Wealth Management LLC Sells 2,618 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Western Wealth Management LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,879 shares of the company’s stock after selling 2,618 shares during the period. Western Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,359,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Key Financial Inc boosted its position in shares of SPDR S&P Dividend ETF by 4.5% during the fourth quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after buying an additional 180 shares during the last quarter. Scissortail Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at about $390,000. Tyche Wealth Partners LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at about $837,000. Marino Stram & Associates LLC grew its position in SPDR S&P Dividend ETF by 0.4% in the 4th quarter. Marino Stram & Associates LLC now owns 272,247 shares of the company’s stock worth $34,023,000 after purchasing an additional 1,135 shares in the last quarter. Finally, Capital Analysts LLC increased its stake in SPDR S&P Dividend ETF by 13.4% in the 4th quarter. Capital Analysts LLC now owns 8,742 shares of the company’s stock valued at $1,092,000 after buying an additional 1,033 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of SDY stock traded up $0.93 during trading on Friday, hitting $126.58. The company’s stock had a trading volume of 38,413 shares, compared to its average volume of 388,165. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $131.67. The company has a market cap of $20.13 billion, a PE ratio of 19.41 and a beta of 0.73. The business has a fifty day moving average of $127.06 and a 200-day moving average of $122.12.

SPDR S&P Dividend ETF Company 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.