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

Financial Counselors Inc. trimmed its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.0% in the third quarter, HoldingsChannel.com reports. The fund owned 111,619 shares of the company’s stock after selling 3,444 shares during the quarter. Financial Counselors Inc.’s holdings in SPDR S&P Dividend ETF were worth $15,854,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in SDY. Joel Isaacson & Co. LLC grew its position in shares of SPDR S&P Dividend ETF by 1.2% in the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after purchasing an additional 30,381 shares during the period. International Assets Investment Management LLC grew its position in SPDR S&P Dividend ETF by 13,497.7% during the third 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 period. Cetera Investment Advisers grew its position in SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after acquiring an additional 509,007 shares during the period. Creative Planning grew its position in SPDR S&P Dividend ETF by 1.1% during the second quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after acquiring an additional 4,963 shares during the period. Finally, Elk River Wealth Management LLC grew its position in SPDR S&P Dividend ETF by 2.2% during the third quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock valued at $54,690,000 after acquiring an additional 8,194 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.2 %

SDY stock opened at $143.76 on Thursday. The stock has a 50-day moving average price of $140.99 and a two-hundred day moving average price of $135.46. SPDR S&P Dividend ETF has a 12-month low of $118.33 and a 12-month high of $144.45. The company has a market cap of $22.74 billion, a PE ratio of 19.72 and a beta of 0.68.

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.