CRA Financial Services LLC Has $15.32 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

CRA Financial Services LLC reduced its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 116,765 shares of the company’s stock after selling 1,356 shares during the period. SPDR S&P Dividend ETF accounts for approximately 3.3% of CRA Financial Services LLC’s investment portfolio, making the stock its 8th biggest position. CRA Financial Services LLC owned approximately 0.07% of SPDR S&P Dividend ETF worth $15,324,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Cannon Global Investment Management LLC bought a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at $499,000. MCF Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 54.3% in the first quarter. MCF Advisors LLC now owns 3,765 shares of the company’s stock valued at $494,000 after acquiring an additional 1,325 shares during the period. Weaver Consulting Group grew its stake in shares of SPDR S&P Dividend ETF by 36.5% in the first quarter. Weaver Consulting Group now owns 8,389 shares of the company’s stock valued at $1,101,000 after acquiring an additional 2,245 shares in the last quarter. OneAscent Financial Services LLC increased its position in SPDR S&P Dividend ETF by 3.6% during the first quarter. OneAscent Financial Services LLC now owns 4,325 shares of the company’s stock worth $568,000 after acquiring an additional 152 shares during the period. Finally, Investment Partners LTD. raised its stake in SPDR S&P Dividend ETF by 0.8% in the 1st quarter. Investment Partners LTD. now owns 22,903 shares of the company’s stock worth $3,006,000 after purchasing an additional 173 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.1 %

NYSEARCA SDY traded down $0.16 during trading on Friday, reaching $127.18. The company’s stock had a trading volume of 155,916 shares, compared to its average volume of 334,344. The firm has a 50 day moving average price of $129.17 and a 200 day moving average price of $126.91. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $132.49. The firm has a market capitalization of $20.12 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.