Home Wealth Advisor SPDR S&P Dividend ETF (SDY) is Lowe Wealth Advisors LLC’s 7th Largest Position – Fairfield Current

SPDR S&P Dividend ETF (SDY) is Lowe Wealth Advisors LLC’s 7th Largest Position – Fairfield Current

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Lowe Wealth Advisors LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,653 shares of the company’s stock after selling 1,917 shares during the period. SPDR S&P Dividend ETF comprises about 4.0% of Lowe Wealth Advisors LLC’s holdings, making the stock its 7th largest holding. Lowe Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $5,788,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in SDY. Conservest Capital Advisors Inc. lifted its holdings in SPDR S&P Dividend ETF by 8.2% during the 4th quarter. Conservest Capital Advisors Inc. now owns 11,001 shares of the company’s stock worth $985,000 after buying an additional 831 shares during the last quarter. Highwater Wealth Management LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $262,000. Dorsey Wright & Associates purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $3,215,000. Private Trust Co. NA lifted its holdings in SPDR S&P Dividend ETF by 5.9% during the 4th quarter. Private Trust Co. NA now owns 8,912 shares of the company’s stock worth $797,000 after buying an additional 499 shares during the last quarter. Finally, Park National Corp OH lifted its holdings in SPDR S&P Dividend ETF by 12.0% during the 4th quarter. Park National Corp OH now owns 2,343 shares of the company’s stock worth $210,000 after buying an additional 251 shares during the last quarter.

NYSEARCA SDY traded up $0.70 during trading on Thursday, reaching $92.14. 955,149 shares of the company’s stock were exchanged, compared to its average volume of 1,109,507. SPDR S&P Dividend ETF has a 1 year low of $84.28 and a 1 year high of $100.07.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 27th. Shareholders of record on Monday, December 24th were issued a dividend of $0.6678 per share. This represents a $2.67 dividend on an annualized basis and a yield of 2.90%. This is an increase from SPDR S&P Dividend ETF’s previous quarterly dividend of $0.60. The ex-dividend date was Friday, December 21st.

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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.

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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:SDY).

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

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