Captrust Financial Advisors Has $19 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Captrust Financial Advisors trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 30.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 144,756 shares of the company’s stock after selling 62,036 shares during the period. Captrust Financial Advisors’ holdings in SPDR S&P Dividend ETF were worth $18,998,000 as of its most recent SEC filing.

Other hedge funds also recently 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 acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $29,000. Riggs Asset Managment Co. Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 76.8% in the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after purchasing an additional 96 shares in the last quarter. Scarborough Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $30,000. Finally, Farmers & Merchants Investments Inc. bought a new position in SPDR S&P Dividend ETF in the first quarter valued at approximately $33,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $134.68 on Wednesday. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $135.00. The stock has a market cap of $21.31 billion, a PE ratio of 19.72 and a beta of 0.68. The firm’s 50 day moving average price is $129.35 and its two-hundred day moving average price is $127.81.

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.