SPDR S&P Dividend ETF $SDY Shares Sold by ZWJ Investment Counsel Inc.

ZWJ Investment Counsel Inc. decreased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 4,248 shares of the company’s stock after selling 150 shares during the period. ZWJ Investment Counsel Inc.’s holdings in SPDR S&P Dividend ETF were worth $577,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth about $40,000. Thurston Springer Miller Herd & Titak Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 350.0% during the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock worth $43,000 after buying an additional 245 shares during the period. Crews Bank & Trust boosted its stake in shares of SPDR S&P Dividend ETF by 98.2% during the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the period. Briaud Financial Planning Inc acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth about $45,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the first quarter valued at about $50,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 0.5%

Shares of NYSEARCA:SDY opened at $140.64 on Friday. The company has a market cap of $20.34 billion, a P/E ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The company has a 50-day moving average price of $139.83 and a 200 day moving average price of $135.93.

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.