PFG Private Wealth Management LLC Sells 293 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

PFG Private Wealth Management LLC reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 20.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,126 shares of the company’s stock after selling 293 shares during the period. PFG Private Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $149,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Avion Wealth boosted its holdings in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after buying an additional 125 shares during the period. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at $31,000. Kestra Investment Management LLC acquired a new position in SPDR S&P Dividend ETF during the 4th quarter valued at $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at $32,000. Finally, Noble Wealth Management PBC acquired a new position in SPDR S&P Dividend ETF during the 4th quarter valued at $32,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $136.54 on Thursday. The stock has a market cap of $20.43 billion, a P/E ratio of 21.48 and a beta of 0.88. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45. The company has a fifty day moving average price of $133.93 and a 200 day moving average price of $137.78.

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.