Appleton Partners Inc. MA Decreases Stake in SPDR S&P Dividend ETF $SDY

Appleton Partners Inc. MA lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.8% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,975 shares of the company’s stock after selling 110 shares during the quarter. Appleton Partners Inc. MA’s holdings in SPDR S&P Dividend ETF were worth $811,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the company. Headland Capital LLC purchased a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at about $220,000. Valeo Financial Advisors LLC grew its holdings in SPDR S&P Dividend ETF by 58.7% during the 2nd quarter. Valeo Financial Advisors LLC now owns 6,689 shares of the company’s stock valued at $908,000 after buying an additional 2,474 shares in the last quarter. Merit Financial Group LLC grew its holdings in SPDR S&P Dividend ETF by 2.7% during the 2nd quarter. Merit Financial Group LLC now owns 52,518 shares of the company’s stock valued at $7,128,000 after buying an additional 1,361 shares in the last quarter. Simplicity Wealth LLC grew its holdings in SPDR S&P Dividend ETF by 390.2% during the 2nd quarter. Simplicity Wealth LLC now owns 16,291 shares of the company’s stock valued at $2,211,000 after buying an additional 12,968 shares in the last quarter. Finally, Private Wealth Group LLC grew its holdings in SPDR S&P Dividend ETF by 7.2% during the 2nd quarter. Private Wealth Group LLC now owns 51,574 shares of the company’s stock valued at $7,000,000 after buying an additional 3,473 shares in the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 0.2%

SDY stock opened at $140.40 on Tuesday. The firm has a market capitalization of $20.30 billion, a PE ratio of 19.85 and a beta of 0.86. 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 50-day simple moving average of $139.86 and a two-hundred day simple moving average of $135.98.

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.