SPDR S&P Dividend ETF $SDY Position Reduced by MPS Loria Financial Planners LLC

MPS Loria Financial Planners LLC trimmed its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,334 shares of the company’s stock after selling 846 shares during the quarter. SPDR S&P Dividend ETF makes up 0.4% of MPS Loria Financial Planners LLC’s portfolio, making the stock its 23rd biggest position. MPS Loria Financial Planners LLC’s holdings in SPDR S&P Dividend ETF were worth $1,267,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Insight Inv LLC bought a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group bought a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at $40,000. Private Wealth Asset Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 1,245.5% during the second quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock worth $40,000 after purchasing an additional 274 shares during the period. Crews Bank & Trust raised its holdings in shares of SPDR S&P Dividend ETF by 98.2% during the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the period. Finally, Briaud Financial Planning Inc acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth $45,000. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $139.25 on Friday. The stock has a market capitalization of $20.07 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45. The company’s fifty day moving average is $140.06 and its two-hundred day moving average is $136.23.

SPDR S&P Dividend ETF 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.