Strategic Blueprint LLC Decreases Stock Position in SPDR S&P Dividend ETF $SDY

Strategic Blueprint LLC reduced its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 23.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,495 shares of the company’s stock after selling 3,276 shares during the quarter. Strategic Blueprint LLC’s holdings in SPDR S&P Dividend ETF were worth $1,424,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Insight Inv LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group purchased a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter valued at approximately $40,000. Private Wealth Asset Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1,245.5% during the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after buying an additional 274 shares during the last quarter. Briaud Financial Planning Inc purchased a new position in shares of SPDR S&P Dividend ETF during the 1st quarter valued at approximately $45,000. Finally, Wealth Preservation Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 1st quarter valued at approximately $50,000. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Trading Up 0.1%

SPDR S&P Dividend ETF stock opened at $139.59 on Friday. The stock has a market cap of $20.09 billion, a P/E ratio of 19.85 and a beta of 0.86. The stock has a 50 day moving average of $140.03 and a 200-day moving average of $136.64. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45.

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.