Van Hulzen Asset Management LLC Sells 98 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Van Hulzen Asset Management LLC cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,294 shares of the company’s stock after selling 98 shares during the period. Van Hulzen Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $292,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SDY. Pathstone Holdings LLC acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth $94,819,000. Cetera Investment Advisers lifted its position in SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after buying an additional 509,007 shares in the last quarter. Legacy Financial Group LLC grew its holdings in SPDR S&P Dividend ETF by 1,574.9% during the 1st quarter. Legacy Financial Group LLC now owns 393,594 shares of the company’s stock worth $51,655,000 after acquiring an additional 370,094 shares during the last quarter. Wealth Enhancement Advisory Services LLC increased its position in SPDR S&P Dividend ETF by 114.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock valued at $46,221,000 after acquiring an additional 194,290 shares in the last quarter. Finally, Argent Capital Management LLC bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $15,142,000.

SPDR S&P Dividend ETF Trading Up 0.1 %

Shares of SDY stock opened at $139.05 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $140.15. The firm’s 50 day moving average is $134.01 and its 200-day moving average is $130.46. The firm has a market capitalization of $22.00 billion, a price-to-earnings 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.