SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Empower Advisory Group LLC

Empower Advisory Group LLC cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,013 shares of the company’s stock after selling 222 shares during the quarter. Empower Advisory Group LLC’s holdings in SPDR S&P Dividend ETF were worth $286,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Russell Investments Group Ltd. boosted its position in SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares during the period. Kingsview Wealth Management LLC boosted its holdings in SPDR S&P Dividend ETF by 15.9% in the first quarter. Kingsview Wealth Management LLC now owns 4,199 shares of the company’s stock valued at $551,000 after purchasing an additional 577 shares during the period. TIAA Trust National Association grew its stake in SPDR S&P Dividend ETF by 31.4% during the 1st quarter. TIAA Trust National Association now owns 13,263 shares of the company’s stock worth $1,741,000 after purchasing an additional 3,170 shares in the last quarter. MAS Advisors LLC increased its holdings in SPDR S&P Dividend ETF by 7.4% during the 1st quarter. MAS Advisors LLC now owns 30,952 shares of the company’s stock worth $4,062,000 after purchasing an additional 2,126 shares during the period. Finally, Ameritas Investment Partners Inc. raised its position in SPDR S&P Dividend ETF by 2.1% in the 1st quarter. Ameritas Investment Partners Inc. now owns 82,739 shares of the company’s stock valued at $10,859,000 after purchasing an additional 1,693 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $139.67 on Friday. The stock has a market capitalization of $22.10 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a 50-day simple moving average of $140.64 and a 200-day simple moving average of $134.64. SPDR S&P Dividend ETF has a 1 year low of $117.25 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.