Investors Research Corp Reduces Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Investors Research Corp lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 12,331 shares of the company’s stock after selling 120 shares during the quarter. Investors Research Corp’s holdings in SPDR S&P Dividend ETF were worth $1,751,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SDY. Russell Investments Group Ltd. increased 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 purchasing an additional 127 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in SPDR S&P Dividend ETF by 8.5% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 4,617 shares of the company’s stock worth $606,000 after purchasing an additional 361 shares during the period. CreativeOne Wealth LLC grew its position in SPDR S&P Dividend ETF by 2.8% during the 1st quarter. CreativeOne Wealth LLC now owns 8,904 shares of the company’s stock worth $1,169,000 after purchasing an additional 241 shares during the last quarter. Rodgers Brothers Inc. acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at $243,000. Finally, Capital Group Private Client Services Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 30.8% during the first quarter. Capital Group Private Client Services Inc. now owns 6,393 shares of the company’s stock worth $839,000 after buying an additional 1,504 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.3 %

NYSEARCA:SDY traded up $0.42 during midday trading on Thursday, reaching $140.04. The stock had a trading volume of 18,443 shares, compared to its average volume of 278,801. The stock has a market cap of $22.15 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $118.30 and a 12-month high of $144.06. The firm has a fifty day simple moving average of $140.74 and a two-hundred day simple moving average of $135.02.

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.