SPDR S&P Dividend ETF $SDY Shares Sold by NorthRock Partners LLC

NorthRock Partners LLC cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,335 shares of the company’s stock after selling 2,281 shares during the period. NorthRock Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $3,846,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SDY. Brighton Jones LLC increased its holdings in shares of 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 valued at $2,443,000 after purchasing an additional 14,829 shares during the period. Wealth Enhancement Advisory Services LLC increased its holdings in shares of SPDR S&P Dividend ETF by 0.5% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 370,787 shares of the company’s stock valued at $50,308,000 after purchasing an additional 1,962 shares during the period. Foster Victor Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at about $289,000. Hengehold Capital Management LLC increased its holdings in shares of SPDR S&P Dividend ETF by 10.3% in the first quarter. Hengehold Capital Management LLC now owns 4,478 shares of the company’s stock valued at $608,000 after purchasing an additional 419 shares during the period. Finally, Traphagen Investment Advisors LLC acquired a new stake in SPDR S&P Dividend ETF during the first quarter worth about $271,000. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Down 1.1%

SPDR S&P Dividend ETF stock opened at $137.47 on Monday. The firm has a market cap of $19.84 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The business’s 50-day moving average price is $139.99 and its 200 day moving average price is $136.11.

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.