SC&H Financial Advisors Inc. Has $868,000 Position in SPDR S&P Dividend ETF $SDY

SC&H Financial Advisors Inc. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.9% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 6,392 shares of the company’s stock after selling 700 shares during the quarter. SC&H Financial Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $868,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Oliver Lagore Vanvalin Investment Group bought a new position in SPDR S&P Dividend ETF in the 2nd quarter worth approximately $40,000. Thurston Springer Miller Herd & Titak Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 350.0% during the 1st quarter. Thurston Springer Miller Herd & Titak Inc. now owns 315 shares of the company’s stock worth $43,000 after purchasing an additional 245 shares in the last quarter. Crews Bank & Trust lifted its position in SPDR S&P Dividend ETF by 98.2% in the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock worth $44,000 after purchasing an additional 162 shares during the period. Briaud Financial Planning Inc bought a new position in SPDR S&P Dividend ETF in the first quarter worth $45,000. Finally, Wealth Preservation Advisors LLC bought a new position in SPDR S&P Dividend ETF in the first quarter worth $50,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Up 0.9%

NYSEARCA SDY opened at $139.33 on Friday. The stock’s 50 day moving average is $139.80 and its two-hundred day moving average is $135.76. The company has a market capitalization of $20.39 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45.

SPDR S&P Dividend ETF 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.