McNaughton Wealth Management LLC Decreases Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

McNaughton Wealth Management LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,697 shares of the company’s stock after selling 219 shares during the quarter. McNaughton Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,545,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in SDY. Key Client Fiduciary Advisors LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 3.7% in the 3rd quarter. Key Client Fiduciary Advisors LLC now owns 2,720 shares of the company’s stock valued at $386,000 after buying an additional 98 shares in the last quarter. Franklin Resources Inc. grew its stake in SPDR S&P Dividend ETF by 2.2% during the 3rd quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after buying an additional 1,222 shares during the last quarter. Retirement Investment Advisors Inc. acquired a new position in SPDR S&P Dividend ETF during the second quarter worth approximately $2,198,000. CX Institutional lifted its stake in SPDR S&P Dividend ETF by 4.0% in the third quarter. CX Institutional now owns 66,854 shares of the company’s stock valued at $9,496,000 after buying an additional 2,580 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of SPDR S&P Dividend ETF by 2.9% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 97,397 shares of the company’s stock valued at $12,387,000 after acquiring an additional 2,705 shares during the period.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $129.91 on Tuesday. The company has a market capitalization of $20.55 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45. The company’s fifty day moving average is $137.42 and its two-hundred day moving average is $136.91.

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.