SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Aberdeen Wealth Management LLC

Aberdeen Wealth Management LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 14,886 shares of the company’s stock after selling 224 shares during the quarter. SPDR S&P Dividend ETF accounts for approximately 1.4% of Aberdeen Wealth Management LLC’s investment portfolio, making the stock its 17th largest holding. Aberdeen Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,114,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Securities Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 7.9% during the 2nd quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock worth $1,598,000 after acquiring an additional 922 shares in the last quarter. LRI Investments LLC purchased a new position in SPDR S&P Dividend ETF during the first quarter worth approximately $492,000. Choreo LLC grew its holdings 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 purchasing an additional 1,276 shares during the period. Bristlecone Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $199,000. Finally, Forbes Financial Planning Inc. raised its stake in shares of SPDR S&P Dividend ETF by 1.5% during the 2nd quarter. Forbes Financial Planning Inc. now owns 38,019 shares of the company’s stock worth $4,835,000 after buying an additional 568 shares during the period.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $140.34 on Tuesday. The stock has a market capitalization of $22.20 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $117.25 and a fifty-two week high of $144.06. The company has a fifty day moving average of $140.71 and a two-hundred day moving average of $134.91.

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.