PDS Planning Inc Sells 808 Shares of SPDR S&P Dividend ETF $SDY

PDS Planning Inc lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.0% during the 2nd quarter, Holdings Channel reports. The firm owned 15,407 shares of the company’s stock after selling 808 shares during the quarter. PDS Planning Inc’s holdings in SPDR S&P Dividend ETF were worth $2,091,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Mesirow Financial Investment Management Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 1.5% in the first quarter. Mesirow Financial Investment Management Inc. now owns 104,104 shares of the company’s stock valued at $14,125,000 after acquiring an additional 1,491 shares in the last quarter. Novem Group boosted its stake in shares of SPDR S&P Dividend ETF by 0.3% during the second quarter. Novem Group now owns 29,191 shares of the company’s stock valued at $3,962,000 after purchasing an additional 100 shares in the last quarter. Gunma Bank Ltd. boosted its stake in shares of SPDR S&P Dividend ETF by 27.3% during the first quarter. Gunma Bank Ltd. now owns 65,300 shares of the company’s stock valued at $8,860,000 after purchasing an additional 14,000 shares in the last quarter. Beacon Investment Advisory Services Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 16.2% during the second quarter. Beacon Investment Advisory Services Inc. now owns 2,863 shares of the company’s stock valued at $389,000 after purchasing an additional 400 shares in the last quarter. Finally, Destiny Wealth Partners LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1.4% during the second quarter. Destiny Wealth Partners LLC now owns 69,821 shares of the company’s stock valued at $9,477,000 after purchasing an additional 933 shares in the last quarter. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Down 1.1%

SPDR S&P Dividend ETF stock opened at $137.47 on Friday. The business has a fifty day moving average of $139.99 and a two-hundred day moving average of $136.10. The firm has a market cap of $19.86 billion, a P/E ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45.

SPDR S&P Dividend ETF Company 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.