SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Raab & Moskowitz Asset Management LLC

Raab & Moskowitz Asset Management LLC decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,566 shares of the company’s stock after selling 322 shares during the period. Raab & Moskowitz Asset Management LLC’s holdings in SPDR S&P Dividend ETF were worth $1,217,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Securities Inc. increased its stake 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 during the last quarter. Sequoia Financial Advisors LLC increased its position in shares of SPDR S&P Dividend ETF by 1.1% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 13,516 shares of the company’s stock worth $1,719,000 after purchasing an additional 150 shares during the last quarter. Wedmont Private Capital raised its holdings in SPDR S&P Dividend ETF by 5.9% in the 2nd quarter. Wedmont Private Capital now owns 4,018 shares of the company’s stock valued at $524,000 after buying an additional 224 shares during the period. Smith & Howard Wealth Management LLC lifted its position in SPDR S&P Dividend ETF by 10.5% in the second quarter. Smith & Howard Wealth Management LLC now owns 3,151 shares of the company’s stock valued at $401,000 after buying an additional 300 shares during the last quarter. Finally, AA Financial Advisors LLC boosted its stake in SPDR S&P Dividend ETF by 7.4% during the second quarter. AA Financial Advisors LLC now owns 23,834 shares of the company’s stock worth $3,031,000 after buying an additional 1,644 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $140.24 on Monday. The firm has a 50-day simple moving average of $141.18 and a two-hundred day simple moving average of $136.00. The stock has a market cap of $22.19 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $120.69 and a 1-year high of $144.45.

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.