SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Ferguson Wellman Capital Management Inc.

Ferguson Wellman Capital Management Inc. cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.9% in the 3rd quarter, Holdings Channel reports. The fund owned 18,350 shares of the company’s stock after selling 1,155 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in SPDR S&P Dividend ETF were worth $2,606,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. lifted its holdings in shares of SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares during the period. Kingsview Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 15.9% during the 1st quarter. Kingsview Wealth Management LLC now owns 4,199 shares of the company’s stock worth $551,000 after purchasing an additional 577 shares in the last quarter. HBK Sorce Advisory LLC grew its stake in shares of SPDR S&P Dividend ETF by 92.7% during the 1st quarter. HBK Sorce Advisory LLC now owns 3,970 shares of the company’s stock worth $521,000 after purchasing an additional 1,910 shares during the period. TIAA Trust National Association increased its holdings in shares of SPDR S&P Dividend ETF by 31.4% in the 1st quarter. TIAA Trust National Association now owns 13,263 shares of the company’s stock valued at $1,741,000 after purchasing an additional 3,170 shares in the last quarter. Finally, MAS Advisors LLC lifted its stake in shares of SPDR S&P Dividend ETF by 7.4% in the first quarter. MAS Advisors LLC now owns 30,952 shares of the company’s stock valued at $4,062,000 after purchasing an additional 2,126 shares during the period.

SPDR S&P Dividend ETF Trading Down 0.6 %

Shares of SDY opened at $139.95 on Friday. SPDR S&P Dividend ETF has a twelve month low of $117.25 and a twelve month high of $144.06. The firm has a market capitalization of $22.14 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm’s 50-day moving average is $140.61 and its two-hundred day moving average is $134.60.

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.