Fmr LLC Trims Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fmr LLC trimmed its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 100,974 shares of the company’s stock after selling 2,461 shares during the period. Fmr LLC’s holdings in SPDR S&P Dividend ETF were worth $14,342,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of SDY. Capital Performance Advisors LLP purchased a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors purchased a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Assetmark Inc. grew its stake in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after buying an additional 167 shares in the last quarter. Strategic Investment Solutions Inc. IL grew its stake in SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after buying an additional 140 shares in the last quarter. Finally, Darwin Wealth Management LLC purchased a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $41,000.

SPDR S&P Dividend ETF Trading Down 0.3 %

SPDR S&P Dividend ETF stock opened at $139.73 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $121.43 and a 1-year high of $144.45. The firm has a market capitalization of $22.11 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm has a 50 day simple moving average of $141.15 and a 200 day simple moving average of $136.08.

About SPDR S&P Dividend ETF

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.