American Institute for Advanced Investment Management LLP Has $1.02 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

American Institute for Advanced Investment Management LLP lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,185 shares of the company’s stock after selling 105 shares during the quarter. American Institute for Advanced Investment Management LLP’s holdings in SPDR S&P Dividend ETF were worth $1,021,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Securities Inc. raised its stake in SPDR S&P Dividend ETF by 7.9% in the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after purchasing an additional 922 shares in the last quarter. LRI Investments LLC bought a new position in SPDR S&P Dividend ETF in the first quarter valued at approximately $492,000. Choreo LLC increased its stake in SPDR S&P Dividend ETF by 6.7% in the second quarter. Choreo LLC now owns 20,387 shares of the company’s stock valued at $2,568,000 after acquiring an additional 1,276 shares during the last quarter. Bristlecone Advisors LLC acquired a new position in SPDR S&P Dividend ETF during the second quarter valued at approximately $199,000. Finally, CarsonAllaria Wealth Management Ltd. bought a new stake in SPDR S&P Dividend ETF during the first quarter worth $42,000.

SPDR S&P Dividend ETF Stock Down 0.1 %

Shares of SDY traded down $0.18 during midday trading on Thursday, hitting $141.14. The company’s stock had a trading volume of 59,509 shares, compared to its average volume of 286,069. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $144.06. The stock has a market capitalization of $22.33 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company’s fifty day simple moving average is $140.00 and its two-hundred day simple moving average is $133.26.

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.