Truepoint Inc. Sells 264 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Truepoint Inc. cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,677 shares of the company’s stock after selling 264 shares during the quarter. Truepoint Inc.’s holdings in SPDR S&P Dividend ETF were worth $522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Capital Performance Advisors LLP purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter worth $31,000. JNBA Financial Advisors bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at $32,000. Russell Investments Group Ltd. boosted its stake in SPDR S&P Dividend ETF by 101.6% in 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 in the last quarter. Opal Wealth Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 2nd quarter worth about $34,000. Finally, Assetmark Inc. boosted its stake in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $142.31 on Friday. SPDR S&P Dividend ETF has a fifty-two week low of $118.33 and a fifty-two week high of $144.06. The business has a 50-day simple moving average of $140.83 and a two-hundred day simple moving average of $135.19. The firm has a market cap of $22.51 billion, a price-to-earnings 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.