SPDR S&P Dividend ETF $SDY Shares Sold by Corient Private Wealth LLC

Corient Private Wealth LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.6% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 81,580 shares of the company’s stock after selling 7,695 shares during the period. Corient Private Wealth LLC owned approximately 0.06% of SPDR S&P Dividend ETF worth $11,073,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SDY. Rebalance LLC grew its holdings in shares of SPDR S&P Dividend ETF by 0.7% in the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock valued at $1,506,000 after purchasing an additional 76 shares in the last quarter. Wealth Advisory Solutions LLC boosted its position in SPDR S&P Dividend ETF by 3.1% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock valued at $351,000 after buying an additional 78 shares during the period. Focus Financial Network Inc. boosted its position in SPDR S&P Dividend ETF by 0.5% in the 2nd quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after buying an additional 81 shares during the period. HTG Investment Advisors Inc. grew its stake in shares of SPDR S&P Dividend ETF by 2.6% in the second quarter. HTG Investment Advisors Inc. now owns 3,265 shares of the company’s stock worth $443,000 after acquiring an additional 82 shares in the last quarter. Finally, Daymark Wealth Partners LLC increased its position in shares of SPDR S&P Dividend ETF by 0.8% during the second quarter. Daymark Wealth Partners LLC now owns 10,987 shares of the company’s stock worth $1,491,000 after acquiring an additional 84 shares during the period. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY opened at $141.02 on Friday. The business has a fifty day moving average price of $138.88 and a 200 day moving average price of $138.66. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $143.49. The stock has a market capitalization of $20.28 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79.

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.