Noesis Capital Mangement Corp Has $706,000 Position in SPDR S&P Dividend ETF $SDY

Noesis Capital Mangement Corp reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 33.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,203 shares of the company’s stock after selling 2,586 shares during the period. Noesis Capital Mangement Corp’s holdings in SPDR S&P Dividend ETF were worth $706,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Mesirow Financial Investment Management Inc. raised its holdings in SPDR S&P Dividend ETF by 1.5% in the first quarter. Mesirow Financial Investment Management Inc. now owns 104,104 shares of the company’s stock worth $14,125,000 after purchasing an additional 1,491 shares during the period. Novem Group raised its holdings in SPDR S&P Dividend ETF by 0.3% in the second quarter. Novem Group now owns 29,191 shares of the company’s stock worth $3,962,000 after purchasing an additional 100 shares during the period. Almanack Investment Partners LLC. acquired a new stake in SPDR S&P Dividend ETF in the second quarter worth $494,000. Gunma Bank Ltd. raised its holdings in SPDR S&P Dividend ETF by 27.3% in the first quarter. Gunma Bank Ltd. now owns 65,300 shares of the company’s stock worth $8,860,000 after purchasing an additional 14,000 shares during the period. Finally, Beacon Investment Advisory Services Inc. raised its holdings in SPDR S&P Dividend ETF by 16.2% in the second quarter. Beacon Investment Advisory Services Inc. now owns 2,863 shares of the company’s stock worth $389,000 after purchasing an additional 400 shares during the period. 43.42% of the stock is currently owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $137.12 on Thursday. The firm’s fifty day moving average is $139.91 and its two-hundred day moving average is $137.04. The firm has a market cap of $19.74 billion, a PE ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a twelve month low of $119.83 and a twelve month high of $144.45.

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.