Lansing Street Advisors Has $1.42 Million Holdings in SPDR S&P Dividend ETF $SDY

Lansing Street Advisors lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 49.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,458 shares of the company’s stock after selling 10,159 shares during the period. Lansing Street Advisors’ holdings in SPDR S&P Dividend ETF were worth $1,420,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in the business. Rebalance LLC boosted its position in shares of SPDR S&P Dividend ETF by 0.7% in the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares during the period. Summit X LLC boosted its position in shares of SPDR S&P Dividend ETF by 4.2% in the first quarter. Summit X LLC now owns 1,932 shares of the company’s stock valued at $262,000 after acquiring an additional 77 shares during the period. OneDigital Investment Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 0.5% in the first quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock valued at $1,941,000 after acquiring an additional 78 shares during the period. Wealth Advisory Solutions LLC boosted its position in shares of SPDR S&P Dividend ETF by 3.1% in the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock valued at $351,000 after acquiring an additional 78 shares during the period. Finally, Focus Financial Network Inc. boosted its position in shares of SPDR S&P Dividend ETF by 0.5% in the second quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after acquiring an additional 81 shares during the period. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.1%

SDY opened at $140.19 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45. The stock has a market capitalization of $20.27 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. The business has a 50 day moving average of $139.88 and a 200-day moving average of $136.01.

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.