Strategic Blueprint LLC Decreases Stake in SPDR S&P Dividend ETF $SDY

Strategic Blueprint LLC lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 23.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 10,495 shares of the company’s stock after selling 3,276 shares during the quarter. Strategic Blueprint LLC’s holdings in SPDR S&P Dividend ETF were worth $1,424,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SDY. Brighton Jones LLC grew its holdings in shares of SPDR S&P Dividend ETF by 404.5% during the 4th quarter. Brighton Jones LLC now owns 18,495 shares of the company’s stock worth $2,443,000 after purchasing an additional 14,829 shares during the period. Chevy Chase Trust Holdings LLC purchased a new position in SPDR S&P Dividend ETF in the 1st quarter worth approximately $230,000. Bessemer Group Inc. boosted its holdings in SPDR S&P Dividend ETF by 769.4% in the 1st quarter. Bessemer Group Inc. now owns 34,238 shares of the company’s stock worth $4,646,000 after acquiring an additional 30,300 shares during the period. Sequoia Financial Advisors LLC boosted its holdings in SPDR S&P Dividend ETF by 51.0% in the 1st quarter. Sequoia Financial Advisors LLC now owns 22,798 shares of the company’s stock worth $3,093,000 after acquiring an additional 7,702 shares during the period. Finally, KPP Advisory Services LLC boosted its holdings in SPDR S&P Dividend ETF by 21.1% in the 1st quarter. KPP Advisory Services LLC now owns 2,732 shares of the company’s stock worth $371,000 after acquiring an additional 476 shares during the period. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 0.1%

NYSEARCA SDY opened at $139.59 on Friday. The stock has a market cap of $20.09 billion, a PE ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $144.45. The business has a 50 day moving average price of $140.03 and a two-hundred day moving average price of $136.64.

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.