SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,059,965 shares of the company’s stock after selling 14,669 shares during the quarter. Janney Montgomery Scott LLC owned 0.67% of SPDR S&P Dividend ETF worth $150,557,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its holdings in SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after buying an additional 1,165,660 shares during the last quarter. Cetera Investment Advisers lifted its stake in SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after purchasing an additional 509,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in SPDR S&P Dividend ETF by 114.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock valued at $46,221,000 after purchasing an additional 194,290 shares in the last quarter. Strategic Financial Concepts LLC increased its stake in SPDR S&P Dividend ETF by 4,418.2% in the second quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after purchasing an additional 86,729 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth approximately $10,044,000.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $138.18 on Friday. The stock has a market capitalization of $21.86 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $112.91 and a one year high of $144.06. The business’s 50-day simple moving average is $140.39 and its 200-day simple moving average is $133.85.

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.