SPDR S&P Dividend ETF (NYSEARCA:SDY) Stake Trimmed by Koshinski Asset Management Inc.

by · The Cerbat Gem

Koshinski Asset Management Inc. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 2.7% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,669 shares of the company’s stock after selling 131 shares during the period. Koshinski Asset Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $663,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Riggs Asset Managment Co. Inc. increased its position in SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after buying an additional 96 shares during the last quarter. Scarborough Advisors LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter worth approximately $30,000. Farmers & Merchants Investments Inc. bought a new stake in SPDR S&P Dividend ETF during the first quarter worth approximately $33,000. Russell Investments Group Ltd. grew its holdings in SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the last quarter. Finally, Opal Wealth Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $34,000.

SPDR S&P Dividend ETF Trading Up 0.8 %

NYSEARCA SDY opened at $142.60 on Tuesday. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $142.65. The company has a fifty day simple moving average of $138.66 and a 200 day simple moving average of $132.65. The company has a market cap of $22.56 billion, a P/E ratio of 19.72 and a beta of 0.68.

SPDR S&P Dividend ETF Company Profile

(Free Report)

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.

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