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

Mycio Wealth Partners LLC cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.7% in the third quarter, Holdings Channel.com reports. The fund owned 26,447 shares of the company’s stock after selling 4,188 shares during the quarter. SPDR S&P Dividend ETF makes up about 0.7% of Mycio Wealth Partners LLC’s investment portfolio, making the stock its 17th largest position. Mycio Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $3,874,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. M Holdings Securities Inc. acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $408,000. Brighton Jones LLC boosted its holdings in SPDR S&P Dividend ETF by 1.5% in the third quarter. Brighton Jones LLC now owns 28,213 shares of the company’s stock worth $4,133,000 after purchasing an additional 417 shares in the last quarter. StoneX Group Inc. increased its position in SPDR S&P Dividend ETF by 7.1% during the third quarter. StoneX Group Inc. now owns 12,874 shares of the company’s stock worth $1,919,000 after buying an additional 858 shares during the last quarter. Whitegate Investment Counselors Inc. increased its position in SPDR S&P Dividend ETF by 1.3% during the third quarter. Whitegate Investment Counselors Inc. now owns 51,742 shares of the company’s stock worth $7,579,000 after buying an additional 666 shares during the last quarter. Finally, International Assets Investment Management LLC increased its position in SPDR S&P Dividend ETF by 15.3% during the third quarter. International Assets Investment Management LLC now owns 5,231 shares of the company’s stock worth $772,000 after buying an additional 694 shares during the last quarter. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY opened at $160.87 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $135.85 and a fifty-two week high of $166.61. The stock’s 50-day moving average is $153.85 and its two-hundred day moving average is $152.02. The firm has a market cap of $22.26 billion, a P/E ratio of 19.85 and a beta of 0.67.

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.