SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Lansing Street Advisors

Lansing Street Advisors cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 21,711 shares of the company’s stock after selling 198 shares during the quarter. SPDR S&P Dividend ETF comprises about 1.1% of Lansing Street Advisors’ investment portfolio, making the stock its 25th largest position. Lansing Street Advisors’ holdings in SPDR S&P Dividend ETF were worth $3,084,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Riggs Asset Managment Co. Inc. grew its position in SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after buying an additional 96 shares during the period. Russell Investments Group Ltd. raised its stake in SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the last quarter. Strategic Investment Solutions Inc. IL lifted its holdings in SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares in the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth about $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $38,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $138.18 on Monday. SPDR S&P Dividend ETF has a 1 year low of $112.91 and a 1 year high of $144.06. The company’s 50 day simple moving average is $140.39 and its 200 day simple moving average is $133.92. The company has a market capitalization of $21.86 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Profile

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.