SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Bay Colony Advisory Group Inc d b a Bay Colony Advisors

Bay Colony Advisory Group Inc d b a Bay Colony Advisors trimmed its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.9% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 2,832 shares of the company’s stock after selling 114 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors’ holdings in SPDR S&P Dividend ETF were worth $360,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. Tennessee Valley Asset Management Partners acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at $36,000. Signaturefd LLC raised its position in SPDR S&P Dividend ETF by 126.4% in the fourth quarter. Signaturefd LLC now owns 5,924 shares of the company’s stock valued at $740,000 after purchasing an additional 3,307 shares during the period. Capital Investment Advisory Services LLC lifted its stake in shares of SPDR S&P Dividend ETF by 13.6% during the fourth quarter. Capital Investment Advisory Services LLC now owns 4,713 shares of the company’s stock worth $589,000 after purchasing an additional 563 shares in the last quarter. RWA Wealth Partners LLC lifted its stake in shares of SPDR S&P Dividend ETF by 162.8% during the fourth quarter. RWA Wealth Partners LLC now owns 7,976 shares of the company’s stock worth $997,000 after purchasing an additional 4,941 shares in the last quarter. Finally, Element Wealth LLC increased its holdings in SPDR S&P Dividend ETF by 16.4% in the fourth quarter. Element Wealth LLC now owns 1,907 shares of the company’s stock valued at $238,000 after buying an additional 269 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.6 %

SPDR S&P Dividend ETF stock traded up $0.85 during midday trading on Friday, hitting $137.96. The stock had a trading volume of 93,334 shares, compared to its average volume of 314,712. The stock has a market cap of $21.83 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a fifty day moving average price of $131.16 and a 200 day moving average price of $129.01. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $138.53.

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.