Investment Advisory Group LLC Sells 155 Shares of SPDR S&P Dividend ETF $SDY

Investment Advisory Group LLC lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,460 shares of the company’s stock after selling 155 shares during the quarter. Investment Advisory Group LLC’s holdings in SPDR S&P Dividend ETF were worth $605,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Joel Isaacson & Co. LLC boosted its stake in shares of SPDR S&P Dividend ETF by 3.4% during the 2nd quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock worth $358,997,000 after acquiring an additional 86,679 shares in the last quarter. Royal Bank of Canada lifted its position in shares of SPDR S&P Dividend ETF by 0.9% during the 1st quarter. Royal Bank of Canada now owns 2,371,561 shares of the company’s stock worth $321,773,000 after purchasing an additional 20,594 shares during the last quarter. Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P Dividend ETF by 0.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 1,112,558 shares of the company’s stock worth $150,952,000 after purchasing an additional 8,613 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of SPDR S&P Dividend ETF by 0.6% during the 1st quarter. Cetera Investment Advisers now owns 695,720 shares of the company’s stock worth $94,395,000 after purchasing an additional 3,830 shares during the last quarter. Finally, Elk River Wealth Management LLC lifted its position in shares of SPDR S&P Dividend ETF by 0.6% during the 2nd quarter. Elk River Wealth Management LLC now owns 413,123 shares of the company’s stock worth $56,074,000 after purchasing an additional 2,487 shares during the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY opened at $137.47 on Friday. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45. The stock has a market capitalization of $19.86 billion, a PE ratio of 19.85 and a beta of 0.86. The stock has a 50-day simple moving average of $139.99 and a 200 day simple moving average of $136.11.

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.