SPDR S&P Dividend ETF (NYSEARCA:SDY) Holdings Decreased by KCM Investment Advisors LLC

KCM Investment Advisors LLC reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 94,561 shares of the company’s stock after selling 148 shares during the quarter. KCM Investment Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $13,431,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Joel Isaacson & Co. LLC raised its stake in shares of SPDR S&P Dividend ETF by 1.2% during the third quarter. Joel Isaacson & Co. LLC now owns 2,461,997 shares of the company’s stock valued at $349,702,000 after purchasing an additional 30,381 shares in the last quarter. International Assets Investment Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 13,497.7% during the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after purchasing an additional 1,165,660 shares in the last quarter. Cetera Investment Advisers raised its stake in shares of SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after purchasing an additional 509,007 shares in the last quarter. Creative Planning raised its stake in shares of SPDR S&P Dividend ETF by 1.1% during the second quarter. Creative Planning now owns 461,739 shares of the company’s stock valued at $58,724,000 after purchasing an additional 4,963 shares in the last quarter. Finally, Elk River Wealth Management LLC grew its holdings in SPDR S&P Dividend ETF by 2.2% during the third quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock worth $54,690,000 after acquiring an additional 8,194 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.2 %

NYSEARCA:SDY traded down $0.30 during mid-day trading on Friday, reaching $139.60. 25,380 shares of the stock were exchanged, compared to its average volume of 280,624. The business has a fifty day moving average price of $140.64 and a 200 day moving average price of $134.64. The firm has a market capitalization of $22.08 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $117.25 and a 1-year high of $144.06.

About SPDR S&P Dividend ETF

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.