SPDR S&P Dividend ETF $SDY Stock Holdings Cut by Cadent Capital Advisors LLC

Cadent Capital Advisors LLC reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 10,917 shares of the company’s stock after selling 261 shares during the quarter. Cadent Capital Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,482,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SDY. Joel Isaacson & Co. LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.7% during the 1st quarter. Joel Isaacson & Co. LLC now owns 2,558,258 shares of the company’s stock valued at $347,104,000 after acquiring an additional 41,613 shares during the last quarter. Royal Bank of Canada lifted its position in shares of SPDR S&P Dividend ETF by 0.9% during the 1st quarter. Royal Bank of Canada now owns 2,371,561 shares of the company’s stock valued at $321,773,000 after acquiring an additional 20,594 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P Dividend ETF by 0.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,112,558 shares of the company’s stock valued at $150,952,000 after acquiring an additional 8,613 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of SPDR S&P Dividend ETF by 0.6% during the 1st quarter. Cetera Investment Advisers now owns 695,720 shares of the company’s stock valued at $94,395,000 after acquiring an additional 3,830 shares during the last quarter. Finally, Elk River Wealth Management LLC lifted its position in shares of SPDR S&P Dividend ETF by 0.6% during the 2nd quarter. Elk River Wealth Management LLC now owns 413,123 shares of the company’s stock valued at $56,074,000 after acquiring an additional 2,487 shares during the last quarter. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $138.03 on Friday. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $144.45. The stock has a fifty day moving average of $139.78 and a 200-day moving average of $135.72. The company has a market capitalization of $20.20 billion, a PE ratio of 19.85 and a beta of 0.86.

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.