Kiker Wealth Management LLC Has $78,000 Position in SPDR S&P Dividend ETF $SDY

Kiker Wealth Management LLC lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 66.1% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 572 shares of the company’s stock after selling 1,116 shares during the quarter. Kiker Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $78,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Insight Inv LLC acquired a new position in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $27,000. Oliver Lagore Vanvalin Investment Group acquired a new position in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $40,000. Crews Bank & Trust increased its stake in shares of SPDR S&P Dividend ETF by 98.2% in the first quarter. Crews Bank & Trust now owns 327 shares of the company’s stock valued at $44,000 after buying an additional 162 shares during the period. Briaud Financial Planning Inc acquired a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at approximately $45,000. Finally, Wealth Preservation Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the first quarter valued at approximately $50,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $138.03 on Tuesday. The business has a 50 day moving average of $140.00 and a 200-day moving average of $136.14. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $144.45. The company has a market capitalization of $19.92 billion, a P/E ratio of 19.85 and a beta of 0.86.

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.