Curbstone Financial Management Corp Has $970,000 Stock Position in SPDR S&P Dividend ETF $SDY

Curbstone Financial Management Corp decreased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 7,150 shares of the company’s stock after selling 650 shares during the period. Curbstone Financial Management Corp’s holdings in SPDR S&P Dividend ETF were worth $970,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of SDY. Insight Inv LLC bought a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at $27,000. Oliver Lagore Vanvalin Investment Group bought a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at $40,000. Private Wealth Asset Management LLC increased its holdings in SPDR S&P Dividend ETF by 1,245.5% in the 2nd quarter. Private Wealth Asset Management LLC now owns 296 shares of the company’s stock valued at $40,000 after buying an additional 274 shares during the period. Crews Bank & Trust increased its holdings in SPDR S&P Dividend ETF by 98.2% in the 1st quarter. Crews Bank & Trust now owns 327 shares of the company’s stock valued at $44,000 after buying an additional 162 shares during the period. Finally, Briaud Financial Planning Inc bought a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at $45,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $139.25 on Friday. The firm has a market capitalization of $20.07 billion, a PE ratio of 19.85 and a beta of 0.86. The company’s fifty day moving average price is $140.06 and its two-hundred day moving average price is $136.23. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week 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.