Oak Harbor Wealth Partners LLC Sells 1,567 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Oak Harbor Wealth Partners LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 30.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,580 shares of the company’s stock after selling 1,567 shares during the period. Oak Harbor Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $447,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Frazier Financial Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $27,000. Friedenthal Financial purchased a new stake in SPDR S&P Dividend ETF in the fourth quarter worth $29,000. Tennessee Valley Asset Management Partners purchased a new stake in SPDR S&P Dividend ETF in the fourth quarter worth $36,000. Cardiff Park Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 43.9% in the third quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock valued at $38,000 after buying an additional 100 shares during the period. Finally, Bare Financial Services Inc purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $43,000.

SPDR S&P Dividend ETF Stock Up 0.2 %

SDY traded up $0.23 during trading hours on Friday, hitting $129.39. The stock had a trading volume of 300,031 shares, compared to its average volume of 354,593. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $132.49. The company’s fifty day simple moving average is $129.00 and its 200 day simple moving average is $125.00. The stock has a market cap of $20.47 billion, a PE ratio of 19.72 and a beta of 0.68.

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.