DeDora Capital Inc. Sells 34,843 Shares of SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY)

DeDora Capital Inc. trimmed its holdings in SPDR SSgA Multi-Asset Real Return ETF (NYSEARCA:RLY) by 22.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,705 shares of the company’s stock after selling 34,843 shares during the quarter. SPDR SSgA Multi-Asset Real Return ETF accounts for 1.1% of DeDora Capital Inc.’s portfolio, making the stock its 21st largest holding. DeDora Capital Inc. owned approximately 0.63% of SPDR SSgA Multi-Asset Real Return ETF worth $3,430,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Envestnet Asset Management Inc. boosted its position in shares of SPDR SSgA Multi-Asset Real Return ETF by 3.9% in the third quarter. Envestnet Asset Management Inc. now owns 994,132 shares of the company’s stock valued at $26,802,000 after acquiring an additional 37,413 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 37.3% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 35,257 shares of the company’s stock worth $960,000 after purchasing an additional 9,576 shares during the period. Corrigan Financial Inc. lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 1.9% in the fourth quarter. Corrigan Financial Inc. now owns 240,383 shares of the company’s stock worth $6,543,000 after purchasing an additional 4,471 shares during the period. Cornerstone Wealth Management LLC lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 4.5% in the fourth quarter. Cornerstone Wealth Management LLC now owns 9,306 shares of the company’s stock worth $253,000 after purchasing an additional 404 shares during the period. Finally, Geneos Wealth Management Inc. lifted its position in SPDR SSgA Multi-Asset Real Return ETF by 1.5% in the fourth quarter. Geneos Wealth Management Inc. now owns 52,072 shares of the company’s stock worth $1,417,000 after purchasing an additional 752 shares during the period.

SPDR SSgA Multi-Asset Real Return ETF Trading Up 0.6 %

RLY stock traded up $0.17 during midday trading on Friday, hitting $28.17. The stock had a trading volume of 60,717 shares, compared to its average volume of 151,556. The firm has a market capitalization of $579.46 million, a price-to-earnings ratio of 10.23 and a beta of 0.52. SPDR SSgA Multi-Asset Real Return ETF has a 52 week low of $25.74 and a 52 week high of $28.60. The stock has a 50-day simple moving average of $27.62 and a 200 day simple moving average of $27.05.

SPDR SSgA Multi-Asset Real Return ETF Profile

The SPDR SSgA Multi-Asset Real Return ETF (RLY) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund is an actively-managed fund that attempts to hedge against inflation by investing in funds with exposure to real estate, commodities, TIPS and natural resources companies.