FDx Advisors Inc. Sells 386 Shares of SPDR S&P Dividend ETF $SDY

FDx Advisors Inc. lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,899 shares of the company’s stock after selling 386 shares during the period. SPDR S&P Dividend ETF comprises about 1.1% of FDx Advisors Inc.’s investment portfolio, making the stock its 25th biggest holding. FDx Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $3,651,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Joel Isaacson & Co. LLC raised its stake in shares of SPDR S&P Dividend ETF by 3.4% during the second quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock valued at $358,997,000 after acquiring an additional 86,679 shares during the last quarter. Confluence Investment Management LLC purchased a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at about $10,216,000. Jones Financial Companies Lllp raised its position in SPDR S&P Dividend ETF by 29.0% during the 1st quarter. Jones Financial Companies Lllp now owns 331,634 shares of the company’s stock valued at $44,587,000 after purchasing an additional 74,616 shares during the last quarter. Ieq Capital LLC lifted its holdings in SPDR S&P Dividend ETF by 92.9% in the 1st quarter. Ieq Capital LLC now owns 97,042 shares of the company’s stock worth $13,167,000 after buying an additional 46,738 shares during the period. Finally, Townsquare Capital LLC lifted its holdings in SPDR S&P Dividend ETF by 143.4% in the 1st quarter. Townsquare Capital LLC now owns 70,064 shares of the company’s stock worth $9,506,000 after buying an additional 41,273 shares during the period. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $137.23 on Friday. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $144.45. The stock has a market capitalization of $19.73 billion, a PE ratio of 19.85 and a beta of 0.79. The stock’s 50 day moving average price is $139.22 and its 200-day moving average price is $137.41.

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.