SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Financial Partners Group Inc

Financial Partners Group Inc lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,399 shares of the company’s stock after selling 657 shares during the period. Financial Partners Group Inc’s holdings in SPDR S&P Dividend ETF were worth $909,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of SDY. International Assets Investment Management LLC raised its holdings in SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after acquiring an additional 1,165,660 shares during the last quarter. Cetera Investment Advisers boosted its position in SPDR S&P Dividend ETF by 283.2% in the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after buying an additional 509,007 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 114.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock valued at $46,221,000 after purchasing an additional 194,290 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after purchasing an additional 86,729 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth $10,044,000.

SPDR S&P Dividend ETF Trading Up 0.2 %

NYSEARCA:SDY traded up $0.27 during midday trading on Tuesday, hitting $138.40. 27,929 shares of the company were exchanged, compared to its average volume of 281,998. SPDR S&P Dividend ETF has a fifty-two week low of $113.20 and a fifty-two week high of $144.06. The company has a market capitalization of $21.89 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a fifty day simple moving average of $140.38 and a 200 day simple moving average of $134.00.

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.