SPDR S&P Dividend ETF $SDY Shares Sold by Patron Partners LLC

Patron Partners LLC lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 21.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,606 shares of the company’s stock after selling 1,286 shares during the quarter. Patron Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $625,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group purchased a new position in SPDR S&P Dividend ETF in the 2nd quarter valued at $40,000. Thurston Springer Miller Herd & Titak Inc. raised its position in shares of SPDR S&P Dividend ETF by 350.0% in the first quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock valued at $43,000 after buying an additional 245 shares during the last quarter. Ameriflex Group Inc. purchased a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $44,000. Crews Bank & Trust boosted its position in SPDR S&P Dividend ETF by 98.2% during the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after acquiring an additional 162 shares during the last quarter. Finally, Briaud Financial Planning Inc acquired a new position in SPDR S&P Dividend ETF during the first quarter worth about $45,000. 43.42% of the stock is currently owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Trading Down 0.6%

SDY stock opened at $138.03 on Friday. The firm has a 50-day moving average of $139.78 and a two-hundred day moving average of $135.72. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The company has a market cap of $20.20 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86.

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.