Crewe Advisors LLC Has $513,000 Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Crewe Advisors LLC reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,614 shares of the company’s stock after selling 378 shares during the quarter. Crewe Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $513,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF in the third quarter worth $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $32,000. Russell Investments Group Ltd. lifted its position in SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after buying an additional 127 shares in the last quarter. Opal Wealth Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth about $34,000. Finally, Assetmark Inc. increased its position in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of SDY stock opened at $142.31 on Friday. SPDR S&P Dividend ETF has a 1 year low of $118.33 and a 1 year high of $144.06. The firm’s 50 day moving average is $140.83 and its 200-day moving average is $135.19. The firm has a market capitalization of $22.51 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.