Nadler Financial Group Inc. Decreases Stock Position in SPDR S&P Dividend ETF $SDY

Nadler Financial Group Inc. lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.6% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,434 shares of the company’s stock after selling 244 shares during the quarter. Nadler Financial Group Inc.’s holdings in SPDR S&P Dividend ETF were worth $466,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently bought and sold shares of SDY. Insight Inv LLC bought a new position in SPDR S&P Dividend ETF in the 2nd quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group purchased a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter worth $40,000. Crews Bank & Trust lifted its holdings in shares of SPDR S&P Dividend ETF by 98.2% in the 1st 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 purchased a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter worth $45,000. Finally, Wealth Preservation Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter worth $50,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Up 0.4%

Shares of SDY stock opened at $138.03 on Tuesday. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45. The stock has a market capitalization of $19.92 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. The stock has a fifty day simple moving average of $140.00 and a two-hundred day simple moving average of $136.14.

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.