Clayton Financial Group LLC Cuts Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Clayton Financial Group LLC trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 20.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,167 shares of the company’s stock after selling 574 shares during the quarter. Clayton Financial Group LLC’s holdings in SPDR S&P Dividend ETF were worth $286,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of SDY. Park Avenue Securities LLC boosted its holdings in SPDR S&P Dividend ETF by 15.6% in the 3rd quarter. Park Avenue Securities LLC now owns 7,782 shares of the company’s stock worth $1,105,000 after acquiring an additional 1,052 shares during the period. GAMMA Investing LLC boosted its stake in shares of SPDR S&P Dividend ETF by 23.4% in the third quarter. GAMMA Investing LLC now owns 2,326 shares of the company’s stock valued at $330,000 after purchasing an additional 441 shares during the period. Diversified Trust Co grew its holdings in SPDR S&P Dividend ETF by 4.6% during the 3rd quarter. Diversified Trust Co now owns 9,600 shares of the company’s stock valued at $1,364,000 after purchasing an additional 426 shares in the last quarter. Greenfield Savings Bank purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth $211,000. Finally, Axiom Advisory LLC lifted its holdings in SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. Axiom Advisory LLC now owns 52,687 shares of the company’s stock worth $7,122,000 after buying an additional 1,095 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $133.67 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The company has a market capitalization of $21.15 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average of $135.13 and a 200-day moving average of $137.49.

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.