Stonebridge Financial Planning Group LLC Has $1.34 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Stonebridge Financial Planning Group LLC decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 9,404 shares of the company’s stock after selling 196 shares during the period. Stonebridge Financial Planning Group LLC’s holdings in SPDR S&P Dividend ETF were worth $1,336,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors bought a new stake in shares of SPDR S&P Dividend ETF during the third quarter worth $32,000. Russell Investments Group Ltd. lifted its position in 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 acquiring an additional 127 shares in the last quarter. Opal Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the 2nd quarter worth $34,000. Finally, Assetmark Inc. increased its holdings in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock traded down $0.62 during mid-day trading on Wednesday, reaching $139.72. The company’s stock had a trading volume of 239,693 shares, compared to its average volume of 280,573. SPDR S&P Dividend ETF has a 12 month low of $117.25 and a 12 month high of $144.06. The business’s 50 day simple moving average is $140.72 and its 200 day simple moving average is $134.99. The company has a market capitalization of $22.10 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.