Resolute Wealth Strategies LLC Sells 544 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Resolute Wealth Strategies LLC lowered its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,678 shares of the company’s stock after selling 544 shares during the period. Resolute Wealth Strategies LLC’s holdings in SPDR S&P Dividend ETF were worth $585,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SDY. Friedenthal Financial purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $29,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $36,000. Cardiff Park Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 43.9% during the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after acquiring an additional 100 shares during the last quarter. Assetmark Inc. raised its position in shares of SPDR S&P Dividend ETF by 428.6% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock valued at $43,000 after buying an additional 300 shares in the last quarter. Finally, Bare Financial Services Inc bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth $43,000.

SPDR S&P Dividend ETF Trading Up 0.4 %

Shares of SDY traded up $0.51 during midday trading on Friday, reaching $128.60. The stock had a trading volume of 191,750 shares, compared to its average volume of 370,541. The company has a market capitalization of $20.34 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67. The company’s 50-day moving average is $127.86 and its 200 day moving average is $123.19.

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.