Transform Wealth LLC Decreases Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Transform Wealth LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating) by 8.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 15,626 shares of the company’s stock after selling 1,500 shares during the period. Transform Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,855,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in SPDR S&P Dividend ETF by 116.5% during the first quarter. JPMorgan Chase & Co. now owns 290,695 shares of the company’s stock valued at $37,241,000 after purchasing an additional 2,048,201 shares during the last quarter. Bank of America Corp DE lifted its position in SPDR S&P Dividend ETF by 21.8% during the first quarter. Bank of America Corp DE now owns 7,298,660 shares of the company’s stock valued at $935,031,000 after purchasing an additional 1,307,617 shares during the last quarter. Richard Bernstein Advisors LLC bought a new stake in SPDR S&P Dividend ETF during the first quarter valued at approximately $88,635,000. Envestnet Asset Management Inc. lifted its position in SPDR S&P Dividend ETF by 21.3% during the first quarter. Envestnet Asset Management Inc. now owns 1,925,698 shares of the company’s stock valued at $246,701,000 after purchasing an additional 337,723 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. lifted its position in SPDR S&P Dividend ETF by 56.8% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 497,369 shares of the company’s stock valued at $63,718,000 after purchasing an additional 180,105 shares during the last quarter.

SPDR S&P Dividend ETF Trading Down 2.0 %

SPDR S&P Dividend ETF stock traded down $2.36 during mid-day trading on Friday, hitting $114.90. 65,139 shares of the company traded hands, compared to its average volume of 605,911. SPDR S&P Dividend ETF has a one year low of $113.22 and a one year high of $133.22. The stock has a fifty day moving average price of $124.99 and a 200-day moving average price of $124.63.

About SPDR S&P Dividend ETF

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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.

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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDYGet Rating).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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