SPDR S&P Dividend ETF (NYSEARCA:SDY) Position Decreased by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) by 75.3% during the first quarter, Holdings Channel reports. The firm owned 26,384 shares of the company’s stock after selling 80,376 shares during the period. SPDR S&P Dividend ETF makes up 1.4% of Cadent Capital Advisors LLC’s portfolio, making the stock its 26th largest holding. Cadent Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,463,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Royal Bank of Canada lifted its position in shares of SPDR S&P Dividend ETF by 0.4% during the 3rd quarter. Royal Bank of Canada now owns 2,644,815 shares of the company’s stock valued at $304,180,000 after acquiring an additional 10,757 shares during the last quarter. Raymond James & Associates boosted its position in shares of SPDR S&P Dividend ETF by 1.5% in the 4th quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock valued at $291,463,000 after purchasing an additional 34,564 shares during the period. UBS Group AG increased its stake in SPDR S&P Dividend ETF by 3.5% in the 4th quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after purchasing an additional 67,304 shares in the last quarter. International Assets Investment Management LLC raised its holdings in SPDR S&P Dividend ETF by 10,945.4% during the 4th quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock worth $141,774,000 after buying an additional 1,124,197 shares during the period. Finally, Janney Montgomery Scott LLC lifted its stake in SPDR S&P Dividend ETF by 0.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 1,115,618 shares of the company’s stock valued at $139,419,000 after buying an additional 2,835 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.1 %

Shares of SPDR S&P Dividend ETF stock traded up $0.12 during trading on Friday, hitting $128.47. The stock had a trading volume of 209,295 shares, compared to its average volume of 336,975. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $132.49. The stock has a 50 day simple moving average of $128.94 and a 200 day simple moving average of $126.65. The company has a market capitalization of $20.32 billion, a PE ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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