Axxcess Wealth Management LLC lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 1.6% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,687 shares of the company’s stock after selling 125 shares during the quarter. Axxcess Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,043,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Insight Inv LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group acquired a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth $40,000. Crews Bank & Trust raised its stake in SPDR S&P Dividend ETF by 98.2% during 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 period. Briaud Financial Planning Inc acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth $45,000. Finally, Wealth Preservation Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth $50,000. Institutional investors and hedge funds own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Trading Down 0.9%
Shares of SPDR S&P Dividend ETF stock opened at $138.31 on Friday. The company has a market capitalization of $19.93 billion, a PE ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The stock’s fifty day simple moving average is $140.05 and its 200 day simple moving average is $136.20.
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.
See Also
- Five stocks we like better than SPDR S&P Dividend ETF
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Salesforce’s Long-Awaited Inflection is Here: Rally On!
- 3 Grocery Stocks That Are Proving They Are Still Essential
- Rocket Lab USA Receives Wall Street Validation: Time to Buy?
- Dividend Capture Strategy: What You Need to Know
- Archer Buys Rival’s Patent Treasure Trove in Strategic Move
Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
