SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Ellenbecker Investment Group

Ellenbecker Investment Group trimmed its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 26,784 shares of the company’s stock after selling 4,156 shares during the period. SPDR S&P Dividend ETF comprises about 1.1% of Ellenbecker Investment Group’s holdings, making the stock its 11th biggest position. Ellenbecker Investment Group’s holdings in SPDR S&P Dividend ETF were worth $3,161,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. American Money Management LLC lifted its position in shares of SPDR S&P Dividend ETF by 39.0% during the 4th quarter. American Money Management LLC now owns 56,181 shares of the company’s stock valued at $5,951,000 after acquiring an additional 15,753 shares during the period. SG Americas Securities LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $155,820,000. Dynamic Advisor Solutions LLC increased its stake in shares of SPDR S&P Dividend ETF by 14.5% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 58,891 shares of the company’s stock worth $6,238,000 after purchasing an additional 7,474 shares in the last quarter. Cardan Capital Partners LLC increased its stake in shares of SPDR S&P Dividend ETF by 2.4% during the 4th quarter. Cardan Capital Partners LLC now owns 56,706 shares of the company’s stock worth $6,007,000 after purchasing an additional 1,317 shares in the last quarter. Finally, Donaldson Capital Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 25.3% during the 4th quarter. Donaldson Capital Management LLC now owns 9,901 shares of the company’s stock worth $1,049,000 after purchasing an additional 2,002 shares in the last quarter.

Shares of SDY traded down $0.37 during mid-day trading on Thursday, reaching $118.97. 32,600 shares of the company’s stock were exchanged, compared to its average volume of 620,814. The company has a 50-day simple moving average of $115.73 and a two-hundred day simple moving average of $105.97. SPDR S&P Dividend ETF has a 52-week low of $78.44 and a 52-week high of $120.09.

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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