NewEdge Advisors LLC reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 1.3% during the second quarter, HoldingsChannel reports. The institutional investor owned 72,416 shares of the company’s stock after selling 919 shares during the period. NewEdge Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $9,210,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of the business. Riggs Asset Managment Co. Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 76.8% in the 1st quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after acquiring an additional 96 shares during the period. Scarborough Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $30,000. Farmers & Merchants Investments Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter worth about $33,000. Russell Investments Group Ltd. increased 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 period. Finally, Opal Wealth Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter worth about $34,000.
SPDR S&P Dividend ETF Stock Up 0.2 %
SDY stock opened at $142.04 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $142.62. The firm’s 50-day simple moving average is $137.15 and its 200 day simple moving average is $131.80. The stock has a market cap of $22.47 billion, a PE ratio of 19.72 and a beta of 0.68.
About SPDR S&P Dividend ETF
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.
Featured Stories
- Five stocks we like better than SPDR S&P Dividend ETF
- Airline Stocks – Top Airline Stocks to Buy Now
- TJX Stock: A Buying Opportunity Before the Holiday Rush
- What to Know About Investing in Penny Stocks
- Micron’s Blowout Results Pave the Way for Seagate’s Stock Surge
- Upcoming IPO Stock Lockup Period, Explained
- Zeta Global’s AI Cloud: Your Secret Weapon for Massive Growth
Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
