Blue Trust Inc. Has $540,000 Stake in SPDR S&P Dividend ETF $SDY

Blue Trust Inc. reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,979 shares of the company’s stock after selling 263 shares during the quarter. Blue Trust Inc.’s holdings in SPDR S&P Dividend ETF were worth $540,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Advisors Ltd. LLC increased its stake in SPDR S&P Dividend ETF by 0.4% in the second quarter. Capital Advisors Ltd. LLC now owns 146,498 shares of the company’s stock valued at $19,884,000 after acquiring an additional 557 shares during the last quarter. Leo Wealth LLC lifted its stake in SPDR S&P Dividend ETF by 8.5% during the second quarter. Leo Wealth LLC now owns 2,173 shares of the company’s stock worth $295,000 after purchasing an additional 171 shares during the last quarter. MSH Capital Advisors LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 6.6% in the 2nd quarter. MSH Capital Advisors LLC now owns 79,205 shares of the company’s stock valued at $10,751,000 after purchasing an additional 4,894 shares in the last quarter. US Bancorp DE increased its stake in shares of SPDR S&P Dividend ETF by 21.2% in the 2nd quarter. US Bancorp DE now owns 94,604 shares of the company’s stock valued at $12,841,000 after purchasing an additional 16,523 shares during the last quarter. Finally, Insight Inv LLC bought a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $27,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $137.47 on Monday. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $144.45. The stock has a market capitalization of $19.84 billion, a P/E ratio of 19.85 and a beta of 0.86. The stock has a fifty day moving average of $139.99 and a 200-day moving average of $136.11.

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.