Leo Wealth LLC Cuts Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Leo Wealth LLC lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 30.1% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,192 shares of the company’s stock after selling 946 shares during the period. Leo Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $311,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Signaturefd LLC boosted its stake in shares of SPDR S&P Dividend ETF by 5.6% in the third quarter. Signaturefd LLC now owns 6,147 shares of the company’s stock worth $873,000 after acquiring an additional 324 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in shares of SPDR S&P Dividend ETF by 1.2% during the third quarter. Sequoia Financial Advisors LLC now owns 13,677 shares of the company’s stock worth $1,943,000 after buying an additional 161 shares in the last quarter. Traphagen Investment Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at about $213,000. Northwest Investment Counselors LLC purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter worth about $150,000. Finally, Denver Wealth Management Inc. boosted its position in SPDR S&P Dividend ETF by 3.3% during the third quarter. Denver Wealth Management Inc. now owns 31,366 shares of the company’s stock worth $4,455,000 after acquiring an additional 1,008 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 0.8 %

SDY stock opened at $141.42 on Wednesday. The company has a market cap of $22.37 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm has a 50-day moving average of $139.85 and a two-hundred day moving average of $133.20. 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 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.