SPDR S&P Dividend ETF $SDY Stake Cut by Childress Capital Advisors LLC

Childress Capital Advisors LLC cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,825 shares of the company’s stock after selling 370 shares during the quarter. Childress Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $519,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in the company. O ROURKE & COMPANY Inc lifted its stake in SPDR S&P Dividend ETF by 6.2% during the second quarter. O ROURKE & COMPANY Inc now owns 3,975 shares of the company’s stock worth $540,000 after purchasing an additional 231 shares during the last quarter. Greenhouse Wealth Management LLC lifted its stake in SPDR S&P Dividend ETF by 131.7% during the second quarter. Greenhouse Wealth Management LLC now owns 6,455 shares of the company’s stock worth $874,000 after purchasing an additional 3,669 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 14.3% during the second quarter. Halbert Hargrove Global Advisors LLC now owns 1,026 shares of the company’s stock worth $139,000 after purchasing an additional 128 shares during the last quarter. HB Wealth Management LLC lifted its stake in SPDR S&P Dividend ETF by 0.4% during the second quarter. HB Wealth Management LLC now owns 85,543 shares of the company’s stock worth $11,611,000 after purchasing an additional 344 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its stake in SPDR S&P Dividend ETF by 8,039.0% during the second quarter. Sound Income Strategies LLC now owns 3,337 shares of the company’s stock worth $453,000 after purchasing an additional 3,296 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $140.05 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45. The business’s fifty day moving average price is $139.81 and its two-hundred day moving average price is $135.84. The firm has a market capitalization of $20.50 billion, a PE ratio of 19.85 and a beta of 0.86.

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.