Lewis Asset Management LLC Sells 1,299 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Lewis Asset Management LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 26,054 shares of the company’s stock after selling 1,299 shares during the quarter. SPDR S&P Dividend ETF accounts for about 2.6% of Lewis Asset Management LLC’s investment portfolio, making the stock its 6th biggest position. Lewis Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $3,442,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Ritholtz Wealth Management increased its stake in shares of SPDR S&P Dividend ETF by 9.7% during the fourth quarter. Ritholtz Wealth Management now owns 5,718 shares of the company’s stock valued at $755,000 after acquiring an additional 505 shares during the period. Key Client Fiduciary Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 3.7% during the third quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock valued at $386,000 after acquiring an additional 98 shares during the period. Franklin Resources Inc. increased its stake in shares of SPDR S&P Dividend ETF by 2.2% during the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock valued at $8,189,000 after acquiring an additional 1,222 shares during the period. CX Institutional increased its stake in shares of SPDR S&P Dividend ETF by 4.0% during the third quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after acquiring an additional 2,580 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of SPDR S&P Dividend ETF by 2.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock valued at $12,387,000 after acquiring an additional 2,705 shares during the period.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $133.79 on Thursday. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The firm has a market capitalization of $21.17 billion, a PE ratio of 19.72 and a beta of 0.68. The company’s 50 day simple moving average is $135.92 and its 200 day simple moving average is $137.42.

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.