Centaurus Financial Inc. Has $578,000 Position in SPDR S&P Dividend ETF $SDY

Centaurus Financial Inc. cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 62.1% in the 1st quarter, HoldingsChannel.com reports. The fund owned 3,962 shares of the company’s stock after selling 6,491 shares during the period. Centaurus Financial Inc.’s holdings in SPDR S&P Dividend ETF were worth $578,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Sunbelt Securities Inc. boosted its position in shares of SPDR S&P Dividend ETF by 0.6% during the 1st quarter. Sunbelt Securities Inc. now owns 39,851 shares of the company’s stock valued at $5,816,000 after purchasing an additional 244 shares in the last quarter. Quantinno Capital Management LP increased its holdings in SPDR S&P Dividend ETF by 133.5% in the first quarter. Quantinno Capital Management LP now owns 18,988 shares of the company’s stock worth $2,771,000 after purchasing an additional 10,855 shares in the last quarter. Gateway Wealth Partners LLC increased its holdings in SPDR S&P Dividend ETF by 102.5% in the first quarter. Gateway Wealth Partners LLC now owns 3,280 shares of the company’s stock worth $479,000 after purchasing an additional 1,660 shares in the last quarter. Blue Chip Partners LLC acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at approximately $202,000. Finally, Matrix Private Capital Group LLC acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at approximately $483,000. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $155.00 on Friday. The stock has a market capitalization of $21.72 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 52-week low of $135.30 and a 52-week high of $160.29. The stock’s 50 day moving average price is $152.54 and its two-hundred day moving average price is $150.28.

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