Capital Advisors Ltd. LLC cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 2.7% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 151,652 shares of the company’s stock after selling 4,159 shares during the period. SPDR S&P Dividend ETF makes up 2.7% of Capital Advisors Ltd. LLC’s holdings, making the stock its 9th largest position. Capital Advisors Ltd. LLC’s holdings in SPDR S&P Dividend ETF were worth $21,541,000 at the end of the most recent quarter.
Several other institutional investors have also recently modified their holdings of SDY. Coston McIsaac & Partners raised its position in SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after buying an additional 72 shares during the last quarter. Marshall Financial Group LLC lifted its stake in SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock valued at $290,000 after acquiring an additional 73 shares during the period. WealthBridge Capital Management LLC lifted its stake in SPDR S&P Dividend ETF by 1.8% during the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after acquiring an additional 75 shares during the period. M3 Advisory Group LLC lifted its stake in SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after acquiring an additional 76 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its stake in SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after acquiring an additional 77 shares during the period.
SPDR S&P Dividend ETF Trading Down 0.9 %
Shares of NYSEARCA SDY opened at $139.68 on Friday. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $144.06. The company has a 50 day simple moving average of $140.19 and a two-hundred day simple moving average of $133.41. The stock has a market cap of $22.10 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.
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.
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