Cliftonlarsonallen Wealth Advisors LLC Sells 217 Shares of SPDR S&P Dividend ETF $SDY

Cliftonlarsonallen Wealth Advisors LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 66,230 shares of the company’s stock after selling 217 shares during the period. Cliftonlarsonallen Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $8,989,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in SDY. Oliver Lagore Vanvalin Investment Group bought a new position in shares of SPDR S&P Dividend ETF during the second quarter valued at $40,000. Thurston Springer Miller Herd & Titak Inc. increased its holdings in SPDR S&P Dividend ETF by 350.0% in the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock worth $43,000 after buying an additional 245 shares in the last quarter. Crews Bank & Trust raised its position in 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 last quarter. Briaud Financial Planning Inc purchased a new position in SPDR S&P Dividend ETF in the 1st quarter worth about $45,000. Finally, Wealth Preservation Advisors LLC bought a new position in SPDR S&P Dividend ETF during the 1st quarter valued at about $50,000. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Stock Down 0.0%

Shares of SDY stock opened at $139.98 on Thursday. The company has a 50 day moving average price of $139.81 and a 200-day moving average price of $135.87. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The firm has a market capitalization of $20.49 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.