Sigma Planning Corp Decreases Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Sigma Planning Corp lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.5% during the second quarter, Holdings Channel.com reports. The fund owned 19,106 shares of the company’s stock after selling 3,772 shares during the period. Sigma Planning Corp’s holdings in SPDR S&P Dividend ETF were worth $1,927,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Bay Harbor Wealth Management LLC grew its holdings in SPDR S&P Dividend ETF by 8.5% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 1,424 shares of the company’s stock worth $144,000 after acquiring an additional 112 shares during the last quarter. UMB Bank N A MO boosted its stake in shares of SPDR S&P Dividend ETF by 0.3% during the 1st quarter. UMB Bank N A MO now owns 43,496 shares of the company’s stock valued at $4,324,000 after purchasing an additional 113 shares in the last quarter. Addison Capital Co boosted its stake in shares of SPDR S&P Dividend ETF by 1.2% during the 2nd quarter. Addison Capital Co now owns 9,399 shares of the company’s stock valued at $948,000 after purchasing an additional 114 shares in the last quarter. Janney Capital Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 4.3% during the 2nd quarter. Janney Capital Management LLC now owns 2,788 shares of the company’s stock valued at $281,000 after purchasing an additional 116 shares in the last quarter. Finally, Miracle Mile Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 5.5% during the 1st quarter. Miracle Mile Advisors LLC now owns 2,387 shares of the company’s stock valued at $237,000 after purchasing an additional 125 shares in the last quarter.

Shares of SDY traded up $1.48 during trading hours on Friday, reaching $98.30. 351,900 shares of the company traded hands, compared to its average volume of 634,530. The company’s fifty day moving average price is $100.90 and its two-hundred day moving average price is $99.61. SPDR S&P Dividend ETF has a 12 month low of $84.28 and a 12 month high of $102.96.

SPDR S&P Dividend ETF 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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