Hanson McClain Inc. Sells 268 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Hanson McClain Inc. lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,155 shares of the company’s stock after selling 268 shares during the period. Hanson McClain Inc.’s holdings in SPDR S&P Dividend ETF were worth $217,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of SDY. Vigilant Capital Management LLC bought a new position in SPDR S&P Dividend ETF during the second quarter worth about $32,000. Truvestments Capital LLC bought a new position in SPDR S&P Dividend ETF during the first quarter worth about $45,000. Archford Capital Strategies LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter worth about $59,000. Northwest Wealth Management LLC raised its position in shares of SPDR S&P Dividend ETF by 86.8% during the first quarter. Northwest Wealth Management LLC now owns 607 shares of the company’s stock worth $60,000 after purchasing an additional 282 shares during the period. Finally, Armor Investment Advisors LLC raised its position in shares of SPDR S&P Dividend ETF by 260.0% during the first quarter. Armor Investment Advisors LLC now owns 630 shares of the company’s stock worth $63,000 after purchasing an additional 455 shares during the period.

Shares of NYSEARCA SDY traded down $1.31 during mid-day trading on Monday, reaching $98.47. 2,139 shares of the company’s stock were exchanged, compared to its average volume of 639,422. The firm’s fifty day moving average is $101.48. SPDR S&P Dividend ETF has a twelve month low of $84.28 and a twelve month high of $102.96.

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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