PDS Planning Inc Sells 808 Shares of SPDR S&P Dividend ETF $SDY

PDS Planning Inc trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.0% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 15,407 shares of the company’s stock after selling 808 shares during the quarter. PDS Planning Inc’s holdings in SPDR S&P Dividend ETF were worth $2,091,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SDY. Insight Inv LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter worth about $27,000. Oliver Lagore Vanvalin Investment Group bought a new stake in SPDR S&P Dividend ETF in the second quarter worth about $40,000. Crews Bank & Trust raised its holdings in shares of SPDR S&P Dividend ETF by 98.2% in the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after buying an additional 162 shares during the period. Briaud Financial Planning Inc purchased a new stake in shares of SPDR S&P Dividend ETF in the first quarter worth approximately $45,000. Finally, Wealth Preservation Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 1st quarter valued at $50,000. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Down 1.1%

Shares of SPDR S&P Dividend ETF stock opened at $137.47 on Friday. The stock’s fifty day moving average is $139.99 and its two-hundred day moving average is $136.10. The company has a market capitalization of $19.86 billion, a PE ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45.

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.