Westside Investment Management Inc. Has $4.30 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Westside Investment Management Inc. decreased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,533 shares of the company’s stock after selling 574 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 0.9% of Westside Investment Management Inc.’s holdings, making the stock its 28th biggest position. Westside Investment Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $4,298,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of SDY. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $31,000. JNBA Financial Advisors purchased a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth $32,000. Assetmark Inc. boosted its position in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its stake in SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares in the last quarter. Finally, Darwin Wealth Management LLC acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter worth about $41,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $134.11 on Wednesday. The firm has a market cap of $21.22 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a 50-day simple moving average of $136.48 and a 200-day simple moving average of $137.19. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45.

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.