SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Holdings Lowered by Stablepoint Partners LLC

Stablepoint Partners LLC lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.2% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 16,110 shares of the company’s stock after selling 703 shares during the period. Stablepoint Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $2,288,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in SDY. Cetera Investment Advisers grew its stake in SPDR S&P Dividend ETF by 283.2% in the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after purchasing an additional 509,007 shares in the last quarter. Legacy Financial Group LLC boosted its stake in SPDR S&P Dividend ETF by 1,574.9% during the first quarter. Legacy Financial Group LLC now owns 393,594 shares of the company’s stock worth $51,655,000 after buying an additional 370,094 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in SPDR S&P Dividend ETF by 114.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after purchasing an additional 194,290 shares in the last quarter. Strategic Financial Concepts LLC boosted its stake in SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after buying an additional 86,729 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth about $10,044,000.

SPDR S&P Dividend ETF Trading Down 0.0 %

NYSEARCA SDY traded down $0.07 on Monday, hitting $141.39. 17,996 shares of the company were exchanged, compared to its average volume of 291,433. The firm has a 50 day moving average of $138.44 and a two-hundred day moving average of $132.57. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $142.62. The company has a market cap of $22.37 billion, a P/E 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.