TFG Advisers LLC Has $1.69 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

TFG Advisers LLC decreased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,894 shares of the company’s stock after selling 244 shares during the period. TFG Advisers LLC’s holdings in SPDR S&P Dividend ETF were worth $1,689,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Fifth Third Securities Inc. grew its stake in shares of SPDR S&P Dividend ETF by 7.9% during the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after purchasing an additional 922 shares during the last quarter. LRI Investments LLC bought a new position in SPDR S&P Dividend ETF in the 1st quarter valued at $492,000. Choreo LLC increased its stake in shares of SPDR S&P Dividend ETF by 6.7% in the 2nd quarter. Choreo LLC now owns 20,387 shares of the company’s stock valued at $2,568,000 after buying an additional 1,276 shares during the period. Bristlecone Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $199,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new position in shares of SPDR S&P Dividend ETF during the first quarter valued at $42,000.

SPDR S&P Dividend ETF Trading Down 0.1 %

SPDR S&P Dividend ETF stock traded down $0.17 during mid-day trading on Wednesday, hitting $141.25. The stock had a trading volume of 14,364 shares, compared to its average volume of 286,468. The stock has a market capitalization of $22.35 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $144.06. The stock has a 50-day simple moving average of $139.85 and a two-hundred day simple moving average of $133.20.

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.