Northwestern Mutual Wealth Management Co. Sells 10,737 Shares of SPDR S&P Dividend ETF $SDY

Northwestern Mutual Wealth Management Co. lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.2% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 84,706 shares of the company’s stock after selling 10,737 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.06% of SPDR S&P Dividend ETF worth $11,788,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Flagship Wealth Advisors LLC increased its stake in SPDR S&P Dividend ETF by 625.0% in the third quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock valued at $28,000 after purchasing an additional 175 shares in the last quarter. CVA Family Office LLC increased its stake in SPDR S&P Dividend ETF by 60.0% in the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after purchasing an additional 75 shares in the last quarter. Compass Financial Services Inc acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $29,000. Delos Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $29,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $34,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 0.4%

SPDR S&P Dividend ETF stock opened at $148.78 on Friday. The stock has a market capitalization of $21.77 billion, a PE ratio of 19.85 and a beta of 0.71. SPDR S&P Dividend ETF has a twelve month low of $131.96 and a twelve month high of $156.39. The company has a 50 day moving average of $147.34 and a 200-day moving average of $145.66.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.