Apollon Financial LLC Trims Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Apollon Financial LLC trimmed its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,951 shares of the company’s stock after selling 319 shares during the quarter. Apollon Financial LLC’s holdings in SPDR S&P Dividend ETF were worth $390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors also recently bought and sold shares of SDY. International Assets Investment Management LLC grew its stake in shares of 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. boosted its holdings in 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 worth $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Argent Capital Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth $14,644,000. Strategic Financial Concepts LLC bought a new position in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $11,505,000. Finally, Joel Isaacson & Co. LLC raised its position in shares of SPDR S&P Dividend ETF by 2.2% in the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock worth $332,449,000 after purchasing an additional 54,648 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $132.90 on Friday. The company has a market capitalization of $21.02 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45. The company’s 50-day moving average is $134.74 and its 200 day moving average is $137.44.

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.