SPDR S&P Dividend ETF (NYSEARCA:SDY) Stock Holdings Decreased by PDS Planning Inc

PDS Planning Inc lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% during the third quarter, Holdings Channel reports. The fund owned 16,781 shares of the company’s stock after selling 182 shares during the quarter. PDS Planning Inc’s holdings in SPDR S&P Dividend ETF were worth $2,384,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Fifth Third Securities Inc. raised its stake in SPDR S&P Dividend ETF by 7.9% during the 2nd quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after purchasing an additional 922 shares during the period. LRI Investments LLC acquired a new position in SPDR S&P Dividend ETF during the first quarter valued at $492,000. Choreo LLC lifted its stake in SPDR S&P Dividend ETF by 6.7% in the 2nd quarter. Choreo LLC now owns 20,387 shares of the company’s stock worth $2,568,000 after acquiring an additional 1,276 shares in the last quarter. Bristlecone Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth about $199,000. Finally, CarsonAllaria Wealth Management Ltd. purchased a new position in SPDR S&P Dividend ETF during the 1st quarter valued at about $42,000.

SPDR S&P Dividend ETF Stock Up 0.5 %

Shares of SDY traded up $0.71 during trading hours on Monday, reaching $138.89. The company’s stock had a trading volume of 19,747 shares, compared to its average volume of 282,564. The company has a 50 day moving average of $140.39 and a two-hundred day moving average of $133.92. The firm has a market cap of $21.97 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $113.20 and a 1-year high of $144.06.

SPDR S&P Dividend ETF 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.