SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by CoreCap Advisors LLC

CoreCap Advisors LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 91.0% in the 4th quarter, HoldingsChannel reports. The firm owned 1,243 shares of the company’s stock after selling 12,539 shares during the quarter. CoreCap Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $164,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Franklin Resources Inc. lifted its stake in SPDR S&P Dividend ETF by 2.2% in the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after acquiring an additional 1,222 shares during the last quarter. Regent Peak Wealth Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 19.0% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 105,005 shares of the company’s stock valued at $13,871,000 after acquiring an additional 16,754 shares during the period. Wedmont Private Capital increased its holdings in shares of SPDR S&P Dividend ETF by 4.8% in the 4th quarter. Wedmont Private Capital now owns 4,378 shares of the company’s stock valued at $564,000 after acquiring an additional 200 shares during the period. Cadent Capital Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 0.5% in the 4th quarter. Cadent Capital Advisors LLC now owns 26,296 shares of the company’s stock valued at $3,474,000 after acquiring an additional 120 shares during the period. Finally, PPS&V Asset Management Consultants Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 3.6% in the 4th quarter. PPS&V Asset Management Consultants Inc. now owns 8,573 shares of the company’s stock valued at $1,133,000 after acquiring an additional 295 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $134.91 on Tuesday. The firm’s fifty day simple moving average is $131.70 and its 200-day simple moving average is $134.81. The stock has a market capitalization of $19.95 billion, a price-to-earnings ratio of 20.17 and a beta of 0.80. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45.

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.