SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,176 shares of the company’s stock after selling 86 shares during the period. SPDR S&P Dividend ETF accounts for 1.1% of Cadent Capital Advisors LLC’s investment portfolio, making the stock its 25th largest holding. Cadent Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,718,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Riggs Asset Managment Co. Inc. boosted its stake in shares of SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after buying an additional 96 shares during the period. Farmers & Merchants Investments Inc. purchased a new position in shares of SPDR S&P Dividend ETF in the 1st quarter valued at approximately $33,000. Russell Investments Group Ltd. increased its holdings 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 valued at $33,000 after purchasing an additional 127 shares during the period. Opal Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth approximately $34,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $38,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $143.68 on Friday. The firm has a market cap of $22.73 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $144.06. The firm’s fifty day moving average price is $139.50 and its 200 day moving average price is $132.99.

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.