Cwm LLC Sells 33,384 Shares of SPDR S&P Dividend ETF $SDY

Cwm LLC lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 32.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 68,966 shares of the company’s stock after selling 33,384 shares during the quarter. Cwm LLC’s holdings in SPDR S&P Dividend ETF were worth $9,597,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CVA Family Office LLC boosted its position in SPDR S&P Dividend ETF by 60.0% during the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after acquiring an additional 75 shares in the last quarter. Flagship Wealth Advisors LLC boosted its position in SPDR S&P Dividend ETF by 625.0% during the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after acquiring an additional 175 shares in the last quarter. Compass Financial Services Inc bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $29,000. Delos Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at $34,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $149.05 on Monday. The stock has a market capitalization of $21.08 billion, a PE ratio of 19.85 and a beta of 0.74. The stock’s fifty day simple moving average is $149.98 and its two-hundred day simple moving average is $144.28. SPDR S&P Dividend ETF has a 12-month low of $126.08 and a 12-month high of $156.39.

SPDR S&P Dividend ETF Company 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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.