SPDR S&P Dividend ETF $SDY Stock: Hengehold Capital Management LLC Reduces Stake

Hengehold Capital Management LLC decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 94.4% in the third quarter, Holdings Channel reports. The fund owned 4,705 shares of the company’s stock after selling 79,786 shares during the period. Hengehold Capital Management LLC’s holdings in SPDR S&P Dividend ETF were worth $689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of the company. McKinley Carter Wealth Services Inc. increased its stake in shares of SPDR S&P Dividend ETF by 3.9% in the third quarter. McKinley Carter Wealth Services Inc. now owns 2,438 shares of the company’s stock worth $357,000 after purchasing an additional 92 shares during the period. Sard Wealth Management Group LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.6% during the 3rd quarter. Sard Wealth Management Group LLC now owns 101,521 shares of the company’s stock worth $14,871,000 after purchasing an additional 1,640 shares during the last quarter. TD Waterhouse Canada Inc. boosted its stake in SPDR S&P Dividend ETF by 4.0% during the 3rd quarter. TD Waterhouse Canada Inc. now owns 33,046 shares of the company’s stock valued at $4,876,000 after purchasing an additional 1,267 shares during the period. Baugh & Associates LLC boosted its stake in SPDR S&P Dividend ETF by 94.2% during the 3rd quarter. Baugh & Associates LLC now owns 3,689 shares of the company’s stock valued at $540,000 after purchasing an additional 1,789 shares during the period. Finally, KOM Wealth Management Group LLC grew its holdings in SPDR S&P Dividend ETF by 8.4% in the 3rd quarter. KOM Wealth Management Group LLC now owns 2,403 shares of the company’s stock valued at $352,000 after buying an additional 186 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Stock Up 0.7%

NYSEARCA SDY traded up $1.10 during trading on Friday, hitting $155.06. The company’s stock had a trading volume of 210,514 shares, compared to its average volume of 237,209. The firm has a 50 day moving average price of $153.39 and a 200 day moving average price of $151.70. The firm has a market cap of $21.52 billion, a P/E ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 52 week low of $135.30 and a 52 week high of $160.29.

SPDR S&P Dividend ETF Company 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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.