Centaurus Financial Inc. Sells 6,491 Shares of SPDR S&P Dividend ETF $SDY

Centaurus Financial Inc. trimmed its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 62.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,962 shares of the company’s stock after selling 6,491 shares during the period. Centaurus Financial Inc.’s holdings in SPDR S&P Dividend ETF were worth $578,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Morgan Stanley grew its position in shares of SPDR S&P Dividend ETF by 2.0% in the 4th quarter. Morgan Stanley now owns 4,840,696 shares of the company’s stock valued at $673,631,000 after buying an additional 95,878 shares during the last quarter. Raymond James Financial Inc. raised its position in shares of SPDR S&P Dividend ETF by 4.0% during the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after acquiring an additional 119,562 shares during the last quarter. Joel Isaacson & Co. LLC lifted its stake in shares of SPDR S&P Dividend ETF by 4.6% in the fourth quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock worth $388,038,000 after acquiring an additional 121,368 shares during the period. Wells Fargo & Company MN lifted its stake in shares of SPDR S&P Dividend ETF by 1.9% in the fourth quarter. Wells Fargo & Company MN now owns 2,076,605 shares of the company’s stock worth $288,980,000 after acquiring an additional 39,572 shares during the period. Finally, UBS Group AG boosted its holdings in SPDR S&P Dividend ETF by 10.5% in the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock valued at $242,663,000 after acquiring an additional 165,053 shares during the last quarter. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $155.00 on Friday. The stock has a market capitalization of $21.72 billion, a PE ratio of 19.85 and a beta of 0.69. The business’s 50 day simple moving average is $152.54 and its 200 day simple moving average is $150.28. SPDR S&P Dividend ETF has a one year low of $135.30 and a one year high of $160.29.

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.