SPDR S&P Dividend ETF (NYSEARCA:SDY) is Shulman DeMeo Asset Management LLC’s 6th Largest Position

Shulman DeMeo Asset Management LLC decreased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.8% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 44,258 shares of the company’s stock after selling 2,230 shares during the period. SPDR S&P Dividend ETF accounts for 1.6% of Shulman DeMeo Asset Management LLC’s investment portfolio, making the stock its 6th largest position. Shulman DeMeo Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $5,846,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV grew its position in shares of SPDR S&P Dividend ETF by 3.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 104,273 shares of the company’s stock valued at $12,362,000 after purchasing an additional 3,261 shares in the last quarter. LJI Wealth Management LLC purchased a new position in SPDR S&P Dividend ETF during the second quarter worth about $446,000. WCG Wealth Advisors LLC increased its stake in SPDR S&P Dividend ETF by 0.8% in the 2nd quarter. WCG Wealth Advisors LLC now owns 10,357 shares of the company’s stock worth $1,317,000 after acquiring an additional 83 shares during the last quarter. Brighton Jones LLC boosted its position in shares of SPDR S&P Dividend ETF by 3.0% during the 2nd quarter. Brighton Jones LLC now owns 18,192 shares of the company’s stock valued at $2,314,000 after acquiring an additional 529 shares during the last quarter. Finally, Ieq Capital LLC grew its holdings in shares of SPDR S&P Dividend ETF by 6.7% during the second quarter. Ieq Capital LLC now owns 42,757 shares of the company’s stock worth $5,438,000 after purchasing an additional 2,671 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $133.15 on Friday. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45. The firm has a market cap of $21.06 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a 50 day simple moving average of $137.07 and a two-hundred day simple moving average of $136.90.

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.