GLOBALT Investments LLC GA Has $1.96 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

GLOBALT Investments LLC GA lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.6% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,784 shares of the company’s stock after selling 365 shares during the period. GLOBALT Investments LLC GA’s holdings in SPDR S&P Dividend ETF were worth $1,958,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at approximately $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Russell Investments Group Ltd. raised its stake in shares of SPDR S&P Dividend ETF by 101.6% during the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after acquiring an additional 127 shares during the last quarter. Opal Wealth Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the second quarter worth $34,000. Finally, Assetmark Inc. grew its stake in shares of SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.5 %

NYSEARCA SDY opened at $140.34 on Tuesday. The company has a market capitalization of $22.20 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a twelve month low of $117.25 and a twelve month high of $144.06. The stock has a fifty day simple moving average of $140.71 and a 200 day simple moving average of $134.91.

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.