GHP Investment Advisors Inc. Has $501,000 Stock Holdings in SPDR S&P Dividend ETF $SDY

GHP Investment Advisors Inc. boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.6% in the second quarter, Holdings Channel.com reports. The fund owned 3,694 shares of the company’s stock after buying an additional 526 shares during the quarter. GHP Investment Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $501,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Rebalance LLC boosted its position in shares of SPDR S&P Dividend ETF by 0.7% during the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares in the last quarter. Summit X LLC lifted its position in SPDR S&P Dividend ETF by 4.2% in the 1st quarter. Summit X LLC now owns 1,932 shares of the company’s stock valued at $262,000 after acquiring an additional 77 shares in the last quarter. OneDigital Investment Advisors LLC lifted its position in SPDR S&P Dividend ETF by 0.5% in the 1st quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock valued at $1,941,000 after acquiring an additional 78 shares in the last quarter. Wealth Advisory Solutions LLC lifted its position in SPDR S&P Dividend ETF by 3.1% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock valued at $351,000 after acquiring an additional 78 shares in the last quarter. Finally, Focus Financial Network Inc. lifted its position in 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 acquiring an additional 81 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Trading Down 0.8%

SDY opened at $136.08 on Tuesday. The stock has a market capitalization of $19.58 billion, a P/E ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a 12 month low of $119.83 and a 12 month high of $144.45. The firm’s fifty day simple moving average is $139.62 and its 200 day simple moving average is $137.26.

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.