SPDR S&P Dividend ETF $SDY Holdings Decreased by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,615 shares of the company’s stock after selling 441 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,577,000 at the end of the most recent reporting period.

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

SPDR S&P Dividend ETF Trading Down 1.1%

Shares of SPDR S&P Dividend ETF stock opened at $137.47 on Friday. The company’s 50-day moving average price is $139.99 and its two-hundred day moving average price is $136.11. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The stock has a market cap of $19.86 billion, a PE ratio of 19.85 and a beta of 0.86.

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.