EPG Wealth Management LLC Sells 992 Shares of SPDR S&P Dividend ETF $SDY

EPG Wealth Management LLC lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.0% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,012 shares of the company’s stock after selling 992 shares during the period. EPG Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $273,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Joel Isaacson & Co. LLC increased its stake in SPDR S&P Dividend ETF by 3.4% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock worth $358,997,000 after acquiring an additional 86,679 shares during the period. Royal Bank of Canada increased its stake in SPDR S&P Dividend ETF by 0.9% during the 1st quarter. Royal Bank of Canada now owns 2,371,561 shares of the company’s stock worth $321,773,000 after acquiring an additional 20,594 shares during the period. Commonwealth Equity Services LLC increased its stake in SPDR S&P Dividend ETF by 0.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,112,558 shares of the company’s stock worth $150,952,000 after acquiring an additional 8,613 shares during the period. Cetera Investment Advisers increased its stake in SPDR S&P Dividend ETF by 0.6% during the 1st quarter. Cetera Investment Advisers now owns 695,720 shares of the company’s stock worth $94,395,000 after acquiring an additional 3,830 shares during the period. Finally, Elk River Wealth Management LLC increased its stake in SPDR S&P Dividend ETF by 0.6% during the 2nd quarter. Elk River Wealth Management LLC now owns 413,123 shares of the company’s stock worth $56,074,000 after acquiring an additional 2,487 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $136.08 on Tuesday. The stock’s fifty day moving average price is $139.62 and its two-hundred day moving average price is $137.26. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45. The firm has a market cap of $19.58 billion, a PE ratio of 19.85 and a beta of 0.79.

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.