Hillcrest Wealth Advisors NY LLC Has $2.14 Million Holdings in SPDR S&P Dividend ETF $SDY

Hillcrest Wealth Advisors NY LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 25.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,650 shares of the company’s stock after selling 5,000 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 0.9% of Hillcrest Wealth Advisors NY LLC’s investment portfolio, making the stock its 22nd largest position. Hillcrest Wealth Advisors NY LLC’s holdings in SPDR S&P Dividend ETF were worth $2,138,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Park National Corp OH bought a new stake in shares of SPDR S&P Dividend ETF during the 1st quarter worth approximately $28,000. Delos Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the third quarter valued at approximately $29,000. MBM Wealth Consultants LLC acquired a new position in SPDR S&P Dividend ETF during the first quarter valued at approximately $34,000. Ankerstar Wealth LLC acquired a new position in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $33,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in SPDR S&P Dividend ETF during the fourth quarter worth $34,000. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $155.67 on Friday. The stock’s fifty day moving average price is $149.89 and its two-hundred day moving average price is $148.30. The company has a market cap of $21.88 billion, a PE ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a fifty-two week low of $135.30 and a fifty-two week high of $156.39.

SPDR S&P Dividend ETF Company 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.