Flagship Harbor Advisors LLC Decreases Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Flagship Harbor Advisors LLC reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating) by 2.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 58,651 shares of the company’s stock after selling 1,285 shares during the period. SPDR S&P Dividend ETF makes up approximately 0.7% of Flagship Harbor Advisors LLC’s investment portfolio, making the stock its 21st biggest position. Flagship Harbor Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $7,514,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Calton & Associates Inc. boosted its position in SPDR S&P Dividend ETF by 9.8% in the 1st quarter. Calton & Associates Inc. now owns 3,976 shares of the company’s stock valued at $509,000 after buying an additional 354 shares during the last quarter. Capstone Wealth Management Group LLC boosted its position in SPDR S&P Dividend ETF by 2.1% in the 1st quarter. Capstone Wealth Management Group LLC now owns 77,661 shares of the company’s stock valued at $9,949,000 after buying an additional 1,568 shares during the last quarter. Global Trust Asset Management LLC boosted its position in SPDR S&P Dividend ETF by 69.2% in the 1st quarter. Global Trust Asset Management LLC now owns 4,169 shares of the company’s stock valued at $534,000 after buying an additional 1,705 shares during the last quarter. Legacy Financial Group LLC boosted its position in SPDR S&P Dividend ETF by 38.5% in the 1st quarter. Legacy Financial Group LLC now owns 373,291 shares of the company’s stock valued at $47,822,000 after buying an additional 103,687 shares during the last quarter. Finally, Brookstone Capital Management purchased a new position in SPDR S&P Dividend ETF in the 1st quarter valued at about $13,912,000.

NYSEARCA:SDY opened at $116.61 on Thursday. SPDR S&P Dividend ETF has a 1-year low of $113.22 and a 1-year high of $133.22. The firm has a 50-day moving average of $124.47 and a two-hundred day moving average of $125.94.

SPDR S&P Dividend ETF Profile (Get Rating)

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.

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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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