Nwam LLC Sells 31,409 Shares of SPDR S&P Dividend ETF $SDY

Nwam LLC cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 86.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,908 shares of the company’s stock after selling 31,409 shares during the period. Nwam LLC’s holdings in SPDR S&P Dividend ETF were worth $686,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rebalance LLC boosted its stake in SPDR S&P Dividend ETF by 0.7% in the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares in the last quarter. Wealth Advisory Solutions LLC raised its holdings in shares of SPDR S&P Dividend ETF by 3.1% in the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock valued at $351,000 after buying an additional 78 shares during the last quarter. KFA Private Wealth Group LLC lifted its position in SPDR S&P Dividend ETF by 4.0% during the 3rd quarter. KFA Private Wealth Group LLC now owns 2,016 shares of the company’s stock worth $282,000 after buying an additional 78 shares in the last quarter. HTG Investment Advisors Inc. lifted its position in SPDR S&P Dividend ETF by 2.6% during the 2nd quarter. HTG Investment Advisors Inc. now owns 3,265 shares of the company’s stock worth $443,000 after buying an additional 82 shares in the last quarter. Finally, Daymark Wealth Partners LLC grew its holdings in SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Daymark Wealth Partners LLC now owns 10,987 shares of the company’s stock worth $1,491,000 after acquiring an additional 84 shares during the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Trading Down 0.1%

Shares of SDY stock opened at $146.51 on Friday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $146.92. The firm’s 50 day moving average is $140.35 and its 200-day moving average is $139.67. The firm has a market capitalization of $20.80 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.