Dynamic Advisor Solutions LLC Sells 3,536 Shares of SPDR S&P Dividend ETF $SDY

Dynamic Advisor Solutions LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 20.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,106 shares of the company’s stock after selling 3,536 shares during the quarter. Dynamic Advisor Solutions LLC’s holdings in SPDR S&P Dividend ETF were worth $1,963,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of SDY. JPMorgan Chase & Co. lifted its position in SPDR S&P Dividend ETF by 125.3% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,451,468 shares of the company’s stock valued at $197,008,000 after acquiring an additional 7,179,596 shares during the period. Benjamin Edwards Inc. grew its holdings in SPDR S&P Dividend ETF by 851.4% in the second quarter. Benjamin Edwards Inc. now owns 187,705 shares of the company’s stock worth $25,477,000 after purchasing an additional 167,975 shares during the period. UBS Group AG increased its stake in shares of SPDR S&P Dividend ETF by 10.5% during the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock valued at $242,663,000 after purchasing an additional 165,053 shares in the last quarter. Orion Porfolio Solutions LLC increased its stake in shares of SPDR S&P Dividend ETF by 70.0% during the second quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock valued at $47,432,000 after purchasing an additional 143,853 shares in the last quarter. Finally, Coldstream Capital Management Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 126.6% during the third quarter. Coldstream Capital Management Inc. now owns 223,525 shares of the company’s stock valued at $31,305,000 after purchasing an additional 124,864 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.4%

Shares of SDY opened at $144.92 on Wednesday. The business’s 50 day moving average price is $150.54 and its 200-day moving average price is $143.40. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $156.39. The stock has a market cap of $20.55 billion, a P/E ratio of 19.85 and a beta of 0.79.

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.