SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Jeppson Wealth Management LLC

Jeppson Wealth Management LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,750 shares of the company’s stock after selling 390 shares during the quarter. Jeppson Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,420,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in SDY. International Assets Investment Management LLC boosted its holdings in SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Argent Capital Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth approximately $14,644,000. Sanctuary Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth approximately $10,044,000. Finally, Synovus Financial Corp raised its stake in SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock valued at $12,723,000 after purchasing an additional 42,078 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $136.34 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45. The stock’s fifty day moving average is $136.10 and its two-hundred day moving average is $137.34. The firm has a market capitalization of $21.57 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.