Atria Wealth Solutions Inc. Sells 35,408 Shares of SPDR S&P Dividend ETF $SDY

Atria Wealth Solutions Inc. reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 48.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 38,189 shares of the company’s stock after selling 35,408 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in SPDR S&P Dividend ETF were worth $5,196,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SDY. Joel Isaacson & Co. LLC increased its holdings in shares of SPDR S&P Dividend ETF by 3.4% in the second quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock worth $358,997,000 after acquiring an additional 86,679 shares in the last quarter. Confluence Investment Management LLC bought a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth about $10,216,000. Jones Financial Companies Lllp increased its holdings in shares of SPDR S&P Dividend ETF by 29.0% in the first quarter. Jones Financial Companies Lllp now owns 331,634 shares of the company’s stock worth $44,587,000 after acquiring an additional 74,616 shares in the last quarter. Ieq Capital LLC increased its holdings in shares of SPDR S&P Dividend ETF by 92.9% in the first quarter. Ieq Capital LLC now owns 97,042 shares of the company’s stock worth $13,167,000 after acquiring an additional 46,738 shares in the last quarter. Finally, Townsquare Capital LLC increased its holdings in shares of SPDR S&P Dividend ETF by 143.4% in the first quarter. Townsquare Capital LLC now owns 70,064 shares of the company’s stock worth $9,506,000 after acquiring an additional 41,273 shares in the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $138.03 on Tuesday. The stock has a market capitalization of $19.92 billion, a P/E ratio of 19.85 and a beta of 0.86. The business has a 50-day moving average of $140.00 and a 200-day moving average of $136.14. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $144.45.

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.