Townsquare Capital LLC Sells 1,242 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Townsquare Capital LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.0% in the 3rd quarter, HoldingsChannel reports. The firm owned 29,492 shares of the company’s stock after selling 1,242 shares during the quarter. Townsquare Capital LLC’s holdings in SPDR S&P Dividend ETF were worth $4,189,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of SDY. International Assets Investment Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares during the last quarter. Strategic Financial Concepts LLC increased its position in SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after acquiring an additional 86,729 shares in the last quarter. Sanctuary Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the second quarter worth about $10,044,000. Finally, SMI Advisory Services LLC raised its stake in shares of SPDR S&P Dividend ETF by 221.9% in the second quarter. SMI Advisory Services LLC now owns 69,300 shares of the company’s stock worth $8,748,000 after acquiring an additional 47,773 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

SDY opened at $144.00 on Friday. The stock has a market capitalization of $22.78 billion, a P/E ratio of 19.72 and a beta of 0.68. The company’s 50 day simple moving average is $141.12 and its 200-day simple moving average is $135.61. SPDR S&P Dividend ETF has a one year low of $118.33 and a one year high of $144.45.

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.