SPDR S&P Dividend ETF $SDY Holdings Decreased by Graves Light Lenhart Wealth Inc.

Graves Light Lenhart Wealth Inc. lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 182,363 shares of the company’s stock after selling 7,489 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.8% of Graves Light Lenhart Wealth Inc.’s investment portfolio, making the stock its 9th biggest position. Graves Light Lenhart Wealth Inc. owned 0.13% of SPDR S&P Dividend ETF worth $25,540,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SDY. Brighton Jones LLC lifted its stake in shares of SPDR S&P Dividend ETF by 404.5% in the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock valued at $2,443,000 after purchasing an additional 14,829 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in SPDR S&P Dividend ETF by 16.7% in the first quarter. Nations Financial Group Inc. IA ADV now owns 2,737 shares of the company’s stock valued at $371,000 after buying an additional 392 shares during the period. Aptus Capital Advisors LLC lifted its position in SPDR S&P Dividend ETF by 14.1% during the first quarter. Aptus Capital Advisors LLC now owns 12,657 shares of the company’s stock valued at $1,717,000 after buying an additional 1,563 shares in the last quarter. Nan Shan Life Insurance Co. Ltd. grew its stake in SPDR S&P Dividend ETF by 13.0% during the first quarter. Nan Shan Life Insurance Co. Ltd. now owns 247,496 shares of the company’s stock worth $33,580,000 after buying an additional 28,431 shares during the period. Finally, Capital Analysts LLC increased its position in shares of SPDR S&P Dividend ETF by 16.1% in the first quarter. Capital Analysts LLC now owns 8,939 shares of the company’s stock worth $1,213,000 after acquiring an additional 1,241 shares in the last quarter. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Trading Down 0.8%

Shares of SDY stock opened at $140.87 on Wednesday. The company has a market cap of $20.26 billion, a PE ratio of 19.85 and a beta of 0.79. The company’s fifty day simple moving average is $138.82 and its 200-day simple moving average is $138.62. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $143.49.

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.