Alexander Labrunerie & CO. Inc. trimmed its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 4.0% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,017 shares of the company’s stock after selling 210 shares during the period. Alexander Labrunerie & CO. Inc.’s holdings in SPDR S&P Dividend ETF were worth $713,000 at the end of the most recent reporting period.
Other institutional investors have also made changes to their positions in the company. Riggs Asset Managment Co. Inc. raised its stake in shares of SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after acquiring an additional 96 shares in the last quarter. Farmers & Merchants Investments Inc. bought a new position in SPDR S&P Dividend ETF in the 1st quarter valued at $33,000. Russell Investments Group Ltd. raised its position in shares of SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter. Opal Wealth Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $38,000.
SPDR S&P Dividend ETF Trading Down 0.8 %
NYSEARCA SDY opened at $141.42 on Wednesday. The stock has a 50-day simple moving average of $139.85 and a 200 day simple moving average of $133.20. The company has a market capitalization of $22.37 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $144.06.
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.
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