Koss Olinger Consulting LLC Sells 106 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Koss Olinger Consulting LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 9,039 shares of the company’s stock after selling 106 shares during the quarter. Koss Olinger Consulting LLC’s holdings in SPDR S&P Dividend ETF were worth $1,284,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SDY. Riggs Asset Managment Co. Inc. raised its stake in shares of SPDR S&P Dividend ETF by 76.8% in the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after purchasing an additional 96 shares during the last quarter. Farmers & Merchants Investments Inc. purchased a new stake in shares of SPDR S&P Dividend ETF in the first quarter worth approximately $33,000. Russell Investments Group Ltd. raised its stake in shares of SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after purchasing an additional 127 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth approximately $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth approximately $38,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of SPDR S&P Dividend ETF stock opened at $143.68 on Monday. The company has a market cap of $22.73 billion, a PE ratio of 19.72 and a beta of 0.68. The business has a 50 day moving average price of $139.50 and a 200-day moving average price of $133.01. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $144.06.

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.