Mesirow Financial Investment Management Inc. Sells 1,771 Shares of SPDR S&P Dividend ETF $SDY

Mesirow Financial Investment Management Inc. lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 102,333 shares of the company’s stock after selling 1,771 shares during the period. Mesirow Financial Investment Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $13,889,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Simon Quick Advisors LLC raised its stake in shares of SPDR S&P Dividend ETF by 2.2% during the second quarter. Simon Quick Advisors LLC now owns 29,037 shares of the company’s stock valued at $3,941,000 after acquiring an additional 615 shares during the last quarter. Prairie Wealth Advisors Inc. bought a new position in shares of SPDR S&P Dividend ETF during the second quarter valued at $357,000. Atria Investments Inc raised its stake in shares of SPDR S&P Dividend ETF by 18.3% during the second quarter. Atria Investments Inc now owns 15,375 shares of the company’s stock valued at $2,087,000 after acquiring an additional 2,382 shares during the last quarter. Arkadios Wealth Advisors raised its stake in shares of SPDR S&P Dividend ETF by 24.9% during the second quarter. Arkadios Wealth Advisors now owns 25,266 shares of the company’s stock valued at $3,429,000 after acquiring an additional 5,043 shares during the last quarter. Finally, Daymark Wealth Partners LLC raised its stake in shares of SPDR S&P Dividend ETF by 0.8% during the second quarter. Daymark Wealth Partners LLC now owns 10,987 shares of the company’s stock valued at $1,491,000 after acquiring an additional 84 shares during the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $137.34 on Friday. The company has a fifty day moving average price of $139.84 and a 200-day moving average price of $137.04. The company has a market capitalization of $19.77 billion, a P/E ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-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.