First Heartland Consultants Inc. lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 36.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,682 shares of the company’s stock after selling 2,105 shares during the quarter. First Heartland Consultants Inc.’s holdings in SPDR S&P Dividend ETF were worth $523,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Coston McIsaac & Partners grew its position in shares of 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 period. Marshall Financial Group LLC boosted 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 worth $290,000 after acquiring an additional 73 shares during the last quarter. WealthBridge Capital Management LLC boosted 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 worth $595,000 after acquiring an additional 75 shares during the last quarter. M3 Advisory Group LLC boosted 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 worth $519,000 after acquiring an additional 76 shares during the last quarter. Finally, Great Valley Advisor Group Inc. lifted its stake in SPDR S&P Dividend ETF by 0.8% in the second quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after buying an additional 77 shares in the last quarter.
SPDR S&P Dividend ETF Stock Performance
Shares of SDY opened at $140.86 on Wednesday. SPDR S&P Dividend ETF has a twelve month low of $113.70 and a twelve month high of $144.06. The firm’s 50 day moving average price is $140.56 and its two-hundred day moving average price is $134.46. The firm has a market cap of $22.28 billion, a P/E 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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