SPDR S&P Dividend ETF $SDY Shares Sold by BOK Financial Private Wealth Inc.

BOK Financial Private Wealth Inc. lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.4% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,080 shares of the company’s stock after selling 484 shares during the period. BOK Financial Private Wealth Inc.’s holdings in SPDR S&P Dividend ETF were worth $961,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Brighton Jones LLC lifted its position in SPDR S&P Dividend ETF by 404.5% in the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after purchasing an additional 14,829 shares during the period. Cerity Partners LLC increased its position in shares of SPDR S&P Dividend ETF by 1.0% during the 1st quarter. Cerity Partners LLC now owns 82,412 shares of the company’s stock valued at $11,182,000 after purchasing an additional 798 shares during the period. Kathmere Capital Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 8.4% in the 1st quarter. Kathmere Capital Management LLC now owns 1,831 shares of the company’s stock worth $248,000 after buying an additional 142 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of SPDR S&P Dividend ETF by 0.7% in the first quarter. Stephens Inc. AR now owns 22,316 shares of the company’s stock valued at $3,028,000 after buying an additional 157 shares during the period. Finally, Asset Dedication LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 30.3% in the first quarter. Asset Dedication LLC now owns 3,881 shares of the company’s stock valued at $527,000 after buying an additional 903 shares during the period. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.8%

NYSEARCA:SDY opened at $137.23 on Monday. The business’s 50-day moving average price is $139.22 and its 200 day moving average price is $137.47. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $144.45. The firm has a market cap of $19.73 billion, a P/E ratio of 19.85 and a beta of 0.79.

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.