Norden Group LLC Sells 140 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Norden Group LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,595 shares of the company’s stock after selling 140 shares during the quarter. Norden Group LLC’s holdings in SPDR S&P Dividend ETF were worth $1,003,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of SDY. Kohmann Bosshard Financial Services LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $40,000. Purkiss Capital Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth $735,000. Noble Wealth Management PBC purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $32,000. US Bancorp DE boosted its stake in shares of SPDR S&P Dividend ETF by 2.5% during the 4th quarter. US Bancorp DE now owns 78,891 shares of the company’s stock valued at $10,422,000 after purchasing an additional 1,921 shares in the last quarter. Finally, Noesis Capital Mangement Corp increased its position in shares of SPDR S&P Dividend ETF by 2.6% during the fourth quarter. Noesis Capital Mangement Corp now owns 7,824 shares of the company’s stock valued at $1,034,000 after buying an additional 200 shares during the period.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $138.29 on Monday. The firm has a 50-day moving average of $133.71 and a 200 day moving average of $137.77. The company has a market cap of $20.69 billion, a P/E ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year 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.