Transform Wealth LLC Reduces Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Transform Wealth LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,816 shares of the company’s stock after selling 631 shares during the period. Transform Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of SDY. Fifth Third Securities Inc. boosted its position in SPDR S&P Dividend ETF by 7.9% in the 2nd quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock worth $1,598,000 after purchasing an additional 922 shares in the last quarter. LRI Investments LLC purchased a new stake in SPDR S&P Dividend ETF in the 1st quarter worth approximately $492,000. Choreo LLC boosted its position in SPDR S&P Dividend ETF by 6.7% in the 2nd quarter. Choreo LLC now owns 20,387 shares of the company’s stock worth $2,568,000 after purchasing an additional 1,276 shares in the last quarter. Bristlecone Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the 2nd quarter worth approximately $199,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in shares of SPDR S&P Dividend ETF during the 1st quarter worth approximately $42,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of SDY stock traded up $0.52 during trading hours on Wednesday, hitting $143.19. 41,756 shares of the company’s stock were exchanged, compared to its average volume of 290,073. The firm has a market cap of $22.65 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a 50 day moving average of $138.87 and a two-hundred day moving average of $132.73. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two 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.