SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Valley Wealth Managers Inc.

Valley Wealth Managers Inc. lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% in the third quarter, according to its most recent filing with the SEC. The fund owned 32,863 shares of the company’s stock after selling 376 shares during the period. Valley Wealth Managers Inc.’s holdings in SPDR S&P Dividend ETF were worth $4,668,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of SDY. Russell Investments Group Ltd. lifted its position in shares of 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 valued at $33,000 after acquiring an additional 127 shares during the last quarter. Kingsview Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 15.9% in the first quarter. Kingsview Wealth Management LLC now owns 4,199 shares of the company’s stock worth $551,000 after buying an additional 577 shares during the period. HBK Sorce Advisory LLC grew its holdings in shares of SPDR S&P Dividend ETF by 92.7% during the first quarter. HBK Sorce Advisory LLC now owns 3,970 shares of the company’s stock valued at $521,000 after buying an additional 1,910 shares in the last quarter. TIAA Trust National Association raised its position in SPDR S&P Dividend ETF by 31.4% during the first quarter. TIAA Trust National Association now owns 13,263 shares of the company’s stock valued at $1,741,000 after buying an additional 3,170 shares during the period. Finally, MAS Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 7.4% in the 1st quarter. MAS Advisors LLC now owns 30,952 shares of the company’s stock worth $4,062,000 after acquiring an additional 2,126 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.1 %

Shares of SPDR S&P Dividend ETF stock traded up $0.10 on Friday, hitting $140.00. 18,583 shares of the company traded hands, compared to its average volume of 280,593. The company has a 50-day moving average price of $140.64 and a 200 day moving average price of $134.64. SPDR S&P Dividend ETF has a 12-month low of $117.25 and a 12-month high of $144.06. The company has a market cap of $22.15 billion, a PE ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.