New England Private Wealth Advisors LLC Sells 232 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

New England Private Wealth Advisors LLC cut its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% in the 2nd quarter, Holdings Channel reports. The fund owned 21,674 shares of the company’s stock after selling 232 shares during the quarter. New England Private Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $2,757,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SDY. Joel Isaacson & Co. LLC raised its holdings in shares of SPDR S&P Dividend ETF by 0.6% during the 1st quarter. Joel Isaacson & Co. LLC now owns 2,387,293 shares of the company’s stock valued at $313,308,000 after buying an additional 13,755 shares in the last quarter. UBS Group AG raised its holdings in SPDR S&P Dividend ETF by 3.5% during the 4th quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock valued at $249,132,000 after buying an additional 67,304 shares during the last quarter. Pathstone Holdings LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at $94,819,000. Cetera Investment Advisers increased its position in shares of 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 valued at $90,392,000 after acquiring an additional 509,007 shares during the period. Finally, MAI Capital Management boosted its position in shares of SPDR S&P Dividend ETF by 1.4% during the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock valued at $69,220,000 after purchasing an additional 7,095 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.4 %

SDY opened at $138.52 on Thursday. The company has a market cap of $21.91 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a fifty day simple moving average of $134.25 and a two-hundred day simple moving average of $130.51. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $140.15.

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.