Bank OZK Sells 1,006 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Bank OZK decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 12,538 shares of the company’s stock after selling 1,006 shares during the quarter. Bank OZK’s holdings in SPDR S&P Dividend ETF were worth $1,567,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SDY. Friedenthal Financial bought a new position in SPDR S&P Dividend ETF during the 4th quarter valued at about $29,000. Tennessee Valley Asset Management Partners bought a new position in SPDR S&P Dividend ETF during the 4th quarter valued at about $36,000. Cardiff Park Advisors LLC lifted its stake in 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 period. Assetmark Inc. increased 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 purchasing an additional 300 shares during the last quarter. Finally, West Oak Capital LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $53,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY traded down $0.41 during midday trading on Friday, hitting $127.49. 151,305 shares of the company’s stock traded hands, compared to its average volume of 379,128. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $131.67. The stock has a market capitalization of $20.28 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73. The firm has a fifty day moving average of $127.56 and a 200 day moving average of $122.72.

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.