Hubbell Strickland Wealth Management LLC Sells 967 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Hubbell Strickland Wealth Management LLC cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 109,416 shares of the company’s stock after selling 967 shares during the period. SPDR S&P Dividend ETF makes up 6.9% of Hubbell Strickland Wealth Management LLC’s holdings, making the stock its 4th largest position. Hubbell Strickland Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $14,454,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Key Client Fiduciary Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 3.7% in the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock valued at $386,000 after purchasing an additional 98 shares during the period. Franklin Resources Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after buying an additional 1,222 shares during the last quarter. Retirement Investment Advisors Inc. purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth about $2,198,000. CX Institutional boosted its stake in shares of SPDR S&P Dividend ETF by 4.0% in the third quarter. CX Institutional now owns 66,854 shares of the company’s stock worth $9,496,000 after buying an additional 2,580 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of SPDR S&P Dividend ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock worth $12,387,000 after buying an additional 2,705 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.5 %

Shares of SDY traded up $0.62 during mid-day trading on Friday, reaching $133.77. The company had a trading volume of 245,814 shares, compared to its average volume of 403,783. The stock has a market capitalization of $21.16 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock has a 50 day moving average of $136.92 and a two-hundred day moving average of $136.88. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45.

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.