Iberiabank Corp Lowers Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Iberiabank Corp reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 18.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,013 shares of the company’s stock after selling 687 shares during the quarter. Iberiabank Corp’s holdings in SPDR S&P Dividend ETF were worth $275,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Nelson Van Denburg & Campbell Wealth Management Group LLC boosted its stake in shares of SPDR S&P Dividend ETF by 6.0% during the 2nd quarter. Nelson Van Denburg & Campbell Wealth Management Group LLC now owns 3,490 shares of the company’s stock worth $318,000 after acquiring an additional 198 shares in the last quarter. Investment Partners LTD. boosted its position in SPDR S&P Dividend ETF by 13.0% during the first quarter. Investment Partners LTD. now owns 40,618 shares of the company’s stock worth $3,244,000 after purchasing an additional 4,669 shares in the last quarter. Bartlett & Co. LLC acquired a new stake in SPDR S&P Dividend ETF in the first quarter valued at approximately $108,000. TL Private Wealth increased its position in shares of SPDR S&P Dividend ETF by 16.8% in the first quarter. TL Private Wealth now owns 52,915 shares of the company’s stock valued at $4,505,000 after buying an additional 7,611 shares in the last quarter. Finally, EisnerAmper Wealth Management Corporate Benefits LLC raised its stake in shares of SPDR S&P Dividend ETF by 8.6% during the 2nd quarter. EisnerAmper Wealth Management Corporate Benefits LLC now owns 100,854 shares of the company’s stock worth $9,198,000 after buying an additional 7,982 shares during the period.

SDY stock opened at $93.56 on Friday. SPDR S&P Dividend ETF has a 12-month low of $67.57 and a 12-month high of $108.81. The business’s 50-day moving average is $91.64 and its 200 day moving average is $92.66.

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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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