Jeppson Wealth Management LLC Sells 390 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Jeppson Wealth Management LLC reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 11,140 shares of the company’s stock after selling 390 shares during the quarter. Jeppson Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,582,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. International Assets Investment Management LLC raised its position in SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the last quarter. Cetera Investment Advisers raised its position in shares of SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after acquiring an additional 509,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in shares of SPDR S&P Dividend ETF by 114.9% in the second 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 during the period. Strategic Financial Concepts LLC lifted its stake in shares of SPDR S&P Dividend ETF by 4,418.2% in the second 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 bought a new stake in SPDR S&P Dividend ETF in the second quarter valued at approximately $10,044,000.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA:SDY opened at $141.91 on Tuesday. The company has a market capitalization of $22.45 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $113.70 and a fifty-two week high of $144.06. The company has a 50 day simple moving average of $140.52 and a two-hundred day simple moving average of $134.37.

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.