Simon Quick Advisors LLC Has $3.38 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

Simon Quick Advisors LLC lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.8% during the 3rd quarter, Holdings Channel reports. The firm owned 24,147 shares of the company’s stock after selling 4,890 shares during the period. Simon Quick Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $3,382,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in SDY. Rebalance LLC increased its stake in shares of SPDR S&P Dividend ETF by 0.7% in the 2nd quarter. Rebalance LLC now owns 11,098 shares of the company’s stock valued at $1,506,000 after acquiring an additional 76 shares during the last quarter. Wealth Advisory Solutions LLC lifted its position in shares of SPDR S&P Dividend ETF by 3.1% in the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock worth $351,000 after purchasing an additional 78 shares in the last quarter. KFA Private Wealth Group LLC boosted its position in SPDR S&P Dividend ETF by 4.0% during the third quarter. KFA Private Wealth Group LLC now owns 2,016 shares of the company’s stock valued at $282,000 after purchasing an additional 78 shares during the last quarter. Focus Financial Network Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 0.5% in the 2nd quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock valued at $2,112,000 after buying an additional 81 shares during the last quarter. Finally, HTG Investment Advisors Inc. lifted its stake in SPDR S&P Dividend ETF by 2.6% in the second quarter. HTG Investment Advisors Inc. now owns 3,265 shares of the company’s stock valued at $443,000 after acquiring an additional 82 shares during the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $140.04 on Friday. SPDR S&P Dividend ETF has a 52 week low of $119.83 and a 52 week high of $143.49. The stock has a 50-day simple moving average of $139.05 and a 200 day simple moving average of $139.01. The stock has a market capitalization of $20.14 billion, a P/E ratio of 19.85 and a beta of 0.79.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.