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

Phillips Financial Management LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,059 shares of the company’s stock after selling 127 shares during the period. Phillips Financial Management LLC’s holdings in SPDR S&P Dividend ETF were worth $719,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC increased its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after purchasing an additional 1,165,660 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after acquiring an additional 509,007 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares in the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock worth $11,280,000 after acquiring an additional 86,729 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter worth approximately $10,044,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $139.67 on Monday. SPDR S&P Dividend ETF has a 1 year low of $117.25 and a 1 year high of $144.06. The stock has a market cap of $22.10 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a fifty day moving average price of $140.68 and a 200 day moving average price of $134.82.

SPDR S&P Dividend ETF Company 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.