Koshinski Asset Management Inc. Has $663,000 Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Koshinski Asset Management Inc. lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report) by 2.7% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 4,669 shares of the company’s stock after selling 131 shares during the quarter. Koshinski Asset Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $663,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Riggs Asset Managment Co. Inc. raised its position in SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after purchasing an additional 96 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at $30,000. Farmers & Merchants Investments Inc. bought a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at about $33,000. Russell Investments Group Ltd. grew its holdings in SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after acquiring an additional 127 shares during the last quarter. Finally, Opal Wealth Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at about $34,000.

SPDR S&P Dividend ETF Trading Up 0.8 %

Shares of SDY stock opened at $142.60 on Tuesday. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $142.65. The firm’s 50 day moving average is $138.66 and its 200-day moving average is $132.65. The firm has a market capitalization of $22.56 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYFree Report).

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

Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.