Destiny Capital Corp CO Reduces Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Destiny Capital Corp CO reduced its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 10,378 shares of the company’s stock after selling 660 shares during the period. SPDR S&P Dividend ETF accounts for approximately 0.9% of Destiny Capital Corp CO’s investment portfolio, making the stock its 19th largest position. Destiny Capital Corp CO’s holdings in SPDR S&P Dividend ETF were worth $1,433,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in SDY. Capital Performance Advisors LLP purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. JNBA Financial Advisors purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Russell Investments Group Ltd. grew its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the 1st 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 period. Assetmark Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period. Finally, Strategic Investment Solutions Inc. IL grew its holdings in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.2 %

SPDR S&P Dividend ETF stock traded down $0.23 during midday trading on Friday, reaching $139.67. 166,584 shares of the stock traded hands, compared to its average volume of 281,260. The company has a 50-day simple moving average of $140.68 and a two-hundred day simple moving average of $134.72. SPDR S&P Dividend ETF has a 12-month low of $117.25 and a 12-month high of $144.06. The firm has a market cap of $22.10 billion, a PE ratio of 19.72 and a beta of 0.68.

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.