SPDR S&P Dividend ETF $SDY Shares Sold by Eagle Strategies LLC

Eagle Strategies LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.7% during the 2nd quarter, Holdings Channel.com reports. The fund owned 15,287 shares of the company’s stock after selling 424 shares during the period. Eagle Strategies LLC’s holdings in SPDR S&P Dividend ETF were worth $2,075,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. H&H Retirement Design & Management INC boosted its position in shares of SPDR S&P Dividend ETF by 14.3% in the second quarter. H&H Retirement Design & Management INC now owns 11,541 shares of the company’s stock worth $1,597,000 after acquiring an additional 1,444 shares during the last quarter. Joel Isaacson & Co. LLC lifted its position in 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 buying an additional 86,679 shares in the last quarter. HTG Investment Advisors Inc. lifted its position in SPDR S&P Dividend ETF by 2.6% during the second quarter. HTG Investment Advisors Inc. now owns 3,265 shares of the company’s stock valued at $443,000 after buying an additional 82 shares in the last quarter. Seamount Financial Group Inc. lifted its position in SPDR S&P Dividend ETF by 11.9% during the second quarter. Seamount Financial Group Inc. now owns 8,837 shares of the company’s stock valued at $1,199,000 after buying an additional 940 shares in the last quarter. Finally, Belpointe Asset Management LLC lifted its position in SPDR S&P Dividend ETF by 11.7% during the second quarter. Belpointe Asset Management LLC now owns 15,960 shares of the company’s stock valued at $2,166,000 after buying an additional 1,678 shares in the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Up 0.1%

Shares of SDY stock opened at $140.40 on Thursday. The stock has a market cap of $20.30 billion, a price-to-earnings ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a fifty-two week low of $119.83 and a fifty-two week high of $144.45. The firm’s 50 day moving average price is $139.93 and its two-hundred day moving average price is $136.04.

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.