Juncture Wealth Strategies LLC Decreases Stake in SPDR S&P Dividend ETF $SDY

Juncture Wealth Strategies LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 26.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 32,991 shares of the company’s stock after selling 11,780 shares during the quarter. SPDR S&P Dividend ETF makes up 1.2% of Juncture Wealth Strategies LLC’s portfolio, making the stock its 16th largest position. Juncture Wealth Strategies LLC’s holdings in SPDR S&P Dividend ETF were worth $4,833,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SDY. Markowski Investments bought a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth about $28,000. Park National Corp OH bought a new position in shares of SPDR S&P Dividend ETF in the first quarter worth about $28,000. Continuum Advisory LLC bought a new position in shares of SPDR S&P Dividend ETF in the second quarter worth about $29,000. MBM Wealth Consultants LLC acquired a new position in shares of SPDR S&P Dividend ETF during the first quarter worth approximately $34,000. Finally, Evergreen Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the first quarter worth approximately $53,000. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Trading Up 0.5%

Shares of SDY traded up $0.68 during mid-day trading on Tuesday, hitting $148.39. 153,848 shares of the company traded hands, compared to its average volume of 237,663. SPDR S&P Dividend ETF has a one year low of $135.30 and a one year high of $160.29. The business has a 50-day moving average of $154.50 and a 200 day moving average of $151.40. The stock has a market capitalization of $20.65 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.