Integrity Wealth Solutions LLC Sells 675 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Integrity Wealth Solutions LLC cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.0% in the first quarter, HoldingsChannel reports. The firm owned 6,074 shares of the company’s stock after selling 675 shares during the period. Integrity Wealth Solutions LLC’s holdings in SPDR S&P Dividend ETF were worth $797,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Frazier Financial Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at about $27,000. Friedenthal Financial purchased a new position in SPDR S&P Dividend ETF during the 4th quarter valued at about $29,000. Scarborough Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at about $30,000. Farmers & Merchants Investments Inc. bought a new stake in shares of SPDR S&P Dividend ETF in the 1st quarter valued at about $33,000. Finally, Tennessee Valley Asset Management Partners purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $36,000.

SPDR S&P Dividend ETF Stock Up 0.4 %

Shares of NYSEARCA:SDY opened at $126.49 on Wednesday. The company has a market capitalization of $20.01 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm has a 50 day moving average of $129.13 and a 200 day moving average of $126.93. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $132.49.

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.