Pathstone Holdings LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 0.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 773,031 shares of the company’s stock after selling 2,118 shares during the quarter. Pathstone Holdings LLC owned approximately 0.49% of SPDR S&P Dividend ETF worth $109,802,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Coston McIsaac & Partners lifted its position in shares of SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after purchasing an additional 72 shares during the last quarter. Marshall Financial Group LLC boosted its position in shares of SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after acquiring an additional 73 shares in the last quarter. WealthBridge Capital Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 1.8% during the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock worth $595,000 after acquiring an additional 75 shares in the last quarter. M3 Advisory Group LLC raised its position in shares of SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock worth $519,000 after acquiring an additional 76 shares in the last quarter. Finally, Great Valley Advisor Group Inc. raised its position in shares of SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock worth $1,204,000 after acquiring an additional 77 shares in the last quarter.
SPDR S&P Dividend ETF Stock Up 0.5 %
Shares of SDY opened at $140.34 on Tuesday. The company has a market capitalization of $22.20 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $117.25 and a 52-week high of $144.06. The stock has a 50 day moving average price of $140.71 and a 200 day moving average price of $134.91.
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.
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