Crewe Advisors LLC Sells 378 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Crewe Advisors LLC trimmed its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,614 shares of the company’s stock after selling 378 shares during the period. Crewe Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $513,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. International Assets Investment Management LLC raised its stake in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after buying an additional 1,165,660 shares in the last quarter. Cetera Investment Advisers raised its position in SPDR S&P Dividend ETF by 283.2% in the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after purchasing an additional 509,007 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in SPDR S&P Dividend ETF by 114.9% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after purchasing an additional 194,290 shares during the period. Strategic Financial Concepts LLC boosted its holdings in SPDR S&P Dividend ETF by 4,418.2% during the second quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after purchasing an additional 86,729 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at approximately $10,044,000.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of SDY opened at $142.31 on Friday. The stock has a market cap of $22.51 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $118.33 and a 1 year high of $144.06. The stock has a 50 day simple moving average of $140.83 and a 200-day simple moving average of $135.19.

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.