1834 Investment Advisors Co. Has $4.45 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

1834 Investment Advisors Co. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 31,956 shares of the company’s stock after selling 6,071 shares during the quarter. 1834 Investment Advisors Co.’s holdings in SPDR S&P Dividend ETF were worth $4,447,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SDY. CVA Family Office LLC increased its stake in shares of SPDR S&P Dividend ETF by 60.0% in the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock worth $28,000 after purchasing an additional 75 shares during the period. Flagship Wealth Advisors LLC lifted its position in shares of 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 worth $28,000 after purchasing an additional 175 shares during the last quarter. Compass Financial Services Inc bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $29,000. Delos Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at approximately $34,000. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $148.17 on Monday. SPDR S&P Dividend ETF has a 12 month low of $128.87 and a 12 month high of $156.39. The company has a market cap of $20.94 billion, a P/E ratio of 19.85 and a beta of 0.74. The business’s 50 day moving average is $149.39 and its two-hundred day moving average is $144.57.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.