Baugh & Associates LLC Decreases Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Baugh & Associates LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,800 shares of the company’s stock after selling 230 shares during the period. Baugh & Associates LLC’s holdings in SPDR S&P Dividend ETF were worth $398,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. JNBA Financial Advisors purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter worth about $32,000. Russell Investments Group Ltd. lifted its holdings in SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after buying an additional 127 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth about $34,000. Strategic Investment Solutions Inc. IL lifted its holdings in SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after buying an additional 140 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth about $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $140.96 on Thursday. The company has a market capitalization of $22.30 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average of $140.45 and a two-hundred day moving average of $134.14. SPDR S&P Dividend ETF has a 1 year low of $113.20 and a 1 year 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.