American Money Management LLC Reduces Position in SPDR S&P Dividend ETF (SDY)

American Money Management LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,419 shares of the company’s stock after selling 1,556 shares during the quarter. American Money Management LLC’s holdings in SPDR S&P Dividend ETF were worth $2,293,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. EisnerAmper Wealth Management Corporate Benefits LLC lifted its holdings in SPDR S&P Dividend ETF by 0.5% during the third quarter. EisnerAmper Wealth Management Corporate Benefits LLC now owns 100,017 shares of the company’s stock valued at $9,795,000 after purchasing an additional 519 shares in the last quarter. Drexel Morgan & Co. lifted its holdings in SPDR S&P Dividend ETF by 2.6% during the second quarter. Drexel Morgan & Co. now owns 20,368 shares of the company’s stock valued at $1,888,000 after purchasing an additional 520 shares in the last quarter. Trust Department MB Financial Bank N A lifted its holdings in SPDR S&P Dividend ETF by 9.2% during the third quarter. Trust Department MB Financial Bank N A now owns 6,281 shares of the company’s stock valued at $615,000 after purchasing an additional 531 shares in the last quarter. Loudon Investment Management LLC lifted its holdings in SPDR S&P Dividend ETF by 11.6% during the second quarter. Loudon Investment Management LLC now owns 5,277 shares of the company’s stock valued at $489,000 after purchasing an additional 550 shares in the last quarter. Finally, SevenBridge Financial Group LLC lifted its holdings in SPDR S&P Dividend ETF by 10.5% during the second quarter. SevenBridge Financial Group LLC now owns 5,976 shares of the company’s stock valued at $554,000 after purchasing an additional 569 shares in the last quarter.

Shares of NYSEARCA:SDY opened at $95.88 on Friday. SPDR S&P Dividend ETF has a 1-year low of $87.95 and a 1-year high of $100.07.

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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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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