SPDR S&P Dividend ETF $SDY Stock Holdings Lowered by Confluence Investment Management LLC

Confluence Investment Management LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.1% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 126,841 shares of the company’s stock after selling 5,454 shares during the period. Confluence Investment Management LLC owned approximately 0.09% of SPDR S&P Dividend ETF worth $18,580,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Greenwich Wealth Management LLC lifted its stake in shares of SPDR S&P Dividend ETF by 13.5% in the second quarter. Greenwich Wealth Management LLC now owns 3,151 shares of the company’s stock worth $480,000 after acquiring an additional 375 shares in the last quarter. QRG Capital Management Inc. grew its position in shares of SPDR S&P Dividend ETF by 8.3% during the second quarter. QRG Capital Management Inc. now owns 2,646 shares of the company’s stock worth $403,000 after buying an additional 202 shares in the last quarter. Envestnet Asset Management Inc. grew its position in shares of SPDR S&P Dividend ETF by 0.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,111,642 shares of the company’s stock worth $169,170,000 after buying an additional 8,231 shares in the last quarter. Reynders McVeigh Capital Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 24.8% in the second quarter. Reynders McVeigh Capital Management LLC now owns 2,529 shares of the company’s stock worth $385,000 after buying an additional 503 shares during the last quarter. Finally, Bienville Capital Management LLC bought a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth $251,000. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Price Performance

SDY traded up $0.89 during trading on Thursday, hitting $147.37. The company had a trading volume of 121,420 shares, compared to its average volume of 237,655. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29. The company has a market cap of $20.51 billion, a PE ratio of 19.85 and a beta of 0.69. The business has a 50-day moving average of $154.97 and a 200-day moving average of $151.42.

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.