SPDR S&P Dividend ETF (NYSEARCA:SDY) is Sage Advisory Services Ltd.Co.’s 5th Largest Position

Sage Advisory Services Ltd.Co. increased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.9% in the third quarter, HoldingsChannel.com reports. The firm owned 174,851 shares of the company’s stock after buying an additional 6,630 shares during the period. SPDR S&P Dividend ETF accounts for approximately 5.9% of Sage Advisory Services Ltd.Co.’s portfolio, making the stock its 5th largest holding. Sage Advisory Services Ltd.Co.’s holdings in SPDR S&P Dividend ETF were worth $17,934,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of SDY. Meridian Wealth Management LLC acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $73,000. Rehmann Capital Advisory Group acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $587,000. Advisory Services Network LLC lifted its holdings in SPDR S&P Dividend ETF by 38.2% during the 1st quarter. Advisory Services Network LLC now owns 9,833 shares of the company’s stock worth $977,000 after buying an additional 2,718 shares in the last quarter. B. Riley Wealth Management Inc. acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $240,000. Finally, Weaver Consulting Group acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $1,227,000.

SPDR S&P Dividend ETF stock traded up $0.49 during mid-day trading on Thursday, reaching $102.77. 7,339 shares of the company’s stock were exchanged, compared to its average volume of 597,531. SPDR S&P Dividend ETF has a twelve month low of $84.28 and a twelve month high of $104.25. The company has a fifty day moving average of $101.23 and a 200-day moving average of $100.44.

The firm also recently announced a — dividend, which was paid on Wednesday, September 25th. Shareholders of record on Monday, September 23rd were issued a dividend of $0.6903 per share. The ex-dividend date was Friday, September 20th. This represents a yield of 2.4%.

About SPDR S&P Dividend ETF

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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