SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Wetzel Investment Advisors Inc.

Wetzel Investment Advisors Inc. decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 6,688 shares of the company’s stock after selling 423 shares during the quarter. Wetzel Investment Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $950,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Joel Isaacson & Co. LLC increased its holdings in SPDR S&P Dividend ETF by 1.2% during the 3rd quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock worth $349,702,000 after purchasing an additional 30,381 shares during the period. International Assets Investment Management LLC grew its position in shares of SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares in the last quarter. Cetera Investment Advisers increased its stake in shares of SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after buying an additional 509,007 shares during the period. MAI Capital Management raised its holdings in SPDR S&P Dividend ETF by 1.4% in the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock valued at $69,220,000 after acquiring an additional 7,095 shares in the last quarter. Finally, Creative Planning lifted its stake in SPDR S&P Dividend ETF by 1.1% in the second quarter. Creative Planning now owns 461,739 shares of the company’s stock worth $58,724,000 after acquiring an additional 4,963 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $138.18 on Monday. SPDR S&P Dividend ETF has a 52 week low of $112.91 and a 52 week high of $144.06. The firm has a 50 day moving average of $140.39 and a two-hundred day moving average of $133.92. The stock has a market capitalization of $21.86 billion, a PE ratio of 19.72 and a beta of 0.68.

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.