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

TFG Advisers LLC trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% during the third quarter, according to the company in its most recent Form 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 quarter. TFG Advisers LLC’s holdings in SPDR S&P Dividend ETF were worth $1,689,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Fifth Third Securities Inc. lifted its holdings in 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 worth $1,598,000 after acquiring an additional 922 shares in the last quarter. LRI Investments LLC bought a new position in shares of SPDR S&P Dividend ETF during the 1st quarter valued at about $492,000. Choreo LLC grew its position 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 purchasing an additional 1,276 shares during the period. Bristlecone Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $199,000. Finally, CarsonAllaria Wealth Management Ltd. acquired a new stake in SPDR S&P Dividend ETF during the 1st quarter worth approximately $42,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock traded down $0.17 on Wednesday, hitting $141.25. The company had a trading volume of 14,364 shares, compared to its average volume of 286,468. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $144.06. The stock has a 50-day moving average of $139.85 and a 200-day moving average of $133.20. The firm has a market capitalization of $22.35 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.