J.W. Cole Advisors Inc. Cuts Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

J.W. Cole Advisors Inc. lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 52,017 shares of the company’s stock after selling 1,201 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $6,616,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Frazier Financial Advisors LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter valued at $27,000. Riggs Asset Managment Co. Inc. lifted its position in SPDR S&P Dividend ETF by 76.8% during the first 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 bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $30,000. Farmers & Merchants Investments Inc. bought a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter worth about $33,000. Finally, Russell Investments Group Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 101.6% in 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.

SPDR S&P Dividend ETF Trading Up 1.0 %

SPDR S&P Dividend ETF stock opened at $140.33 on Friday. The firm has a 50-day moving average price of $134.78 and a 200-day moving average price of $130.68. The firm has a market capitalization of $22.20 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $140.40.

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.