Twin Focus Capital Partners LLC Sells 1,900 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Twin Focus Capital Partners LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 22,605 shares of the company’s stock after selling 1,900 shares during the period. Twin Focus Capital Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $2,825,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. Vima LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $63,000. Creekmur Asset Management LLC bought a new position in SPDR S&P Dividend ETF in the fourth quarter worth $1,493,000. Transcendent Capital Group LLC bought a new position in SPDR S&P Dividend ETF in the fourth quarter worth $181,000. Goldman Sachs Group Inc. boosted its stake in SPDR S&P Dividend ETF by 0.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 427,206 shares of the company’s stock worth $53,388,000 after buying an additional 3,328 shares in the last quarter. Finally, Pineridge Advisors LLC bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $63,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $127.73 on Monday. The firm has a market cap of $20.21 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm’s 50-day simple moving average is $128.86 and its 200-day simple moving average is $126.45. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $132.49.

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.