GLOBALT Investments LLC GA Decreases Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

GLOBALT Investments LLC GA lowered its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.6% during the 3rd quarter, Holdings Channel reports. The firm 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 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP purchased a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth approximately $31,000. JNBA Financial Advisors bought a new position in SPDR S&P Dividend ETF during the third quarter valued at $32,000. Russell Investments Group Ltd. increased its position in SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock worth $33,000 after buying an additional 127 shares during the last quarter. Assetmark Inc. raised 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 valued at $36,000 after buying an additional 167 shares during the period. Finally, Strategic Investment Solutions Inc. IL lifted its position in shares of SPDR S&P Dividend ETF by 113.8% during the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after buying an additional 140 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $140.34 on Tuesday. SPDR S&P Dividend ETF has a fifty-two week low of $117.25 and a fifty-two week high of $144.06. The stock has a fifty day moving average of $140.71 and a 200-day moving average of $134.91. 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 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.