SPDR S&P Dividend ETF $SDY is Flaharty Asset Management LLC’s 6th Largest Position

Flaharty Asset Management LLC lifted its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 202,325 shares of the company’s stock after purchasing an additional 5,286 shares during the period. SPDR S&P Dividend ETF comprises about 5.7% of Flaharty Asset Management LLC’s investment portfolio, making the stock its 6th largest position. Flaharty Asset Management LLC owned 0.14% of SPDR S&P Dividend ETF worth $27,462,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of SPDR S&P Dividend ETF by 404.5% during the fourth quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after acquiring an additional 14,829 shares during the period. Bailard Inc. grew its stake in SPDR S&P Dividend ETF by 12.5% in the first quarter. Bailard Inc. now owns 2,027 shares of the company’s stock worth $275,000 after purchasing an additional 225 shares in the last quarter. Kingsview Wealth Management LLC grew its stake in SPDR S&P Dividend ETF by 1.5% in the first quarter. Kingsview Wealth Management LLC now owns 6,688 shares of the company’s stock worth $907,000 after purchasing an additional 100 shares in the last quarter. Kestra Private Wealth Services LLC increased its holdings in SPDR S&P Dividend ETF by 5.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 26,446 shares of the company’s stock worth $3,588,000 after purchasing an additional 1,344 shares during the period. Finally, Treasure Coast Financial Planning raised its position in SPDR S&P Dividend ETF by 1.6% during the 1st quarter. Treasure Coast Financial Planning now owns 22,667 shares of the company’s stock valued at $3,075,000 after purchasing an additional 365 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.3%

Shares of SDY stock opened at $138.22 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 fifty day simple moving average of $138.98 and a two-hundred day simple moving average of $137.65. The stock has a market capitalization of $19.88 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.