Investment Advisory Group LLC Has $662,000 Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Investment Advisory Group LLC decreased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,659 shares of the company’s stock after selling 99 shares during the quarter. Investment Advisory Group LLC’s holdings in SPDR S&P Dividend ETF were worth $662,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SDY. WealthBridge Capital Management LLC grew its holdings in SPDR S&P Dividend ETF by 1.8% during the third quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after purchasing an additional 75 shares during the period. Great Valley Advisor Group Inc. grew its holdings in SPDR S&P Dividend ETF by 0.8% during the second quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after purchasing an additional 77 shares during the period. Vantage Financial Partners LLC grew its holdings in SPDR S&P Dividend ETF by 2.3% during the second quarter. Vantage Financial Partners LLC now owns 3,584 shares of the company’s stock valued at $456,000 after purchasing an additional 80 shares during the period. WCG Wealth Advisors LLC grew its holdings in SPDR S&P Dividend ETF by 0.8% during the second quarter. WCG Wealth Advisors LLC now owns 10,357 shares of the company’s stock valued at $1,317,000 after purchasing an additional 83 shares during the period. Finally, Roger Wittlin Investment Advisory LLC grew its holdings in SPDR S&P Dividend ETF by 0.7% during the second quarter. Roger Wittlin Investment Advisory LLC now owns 13,027 shares of the company’s stock valued at $1,657,000 after purchasing an additional 87 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.0 %

NYSEARCA SDY traded up $0.07 during trading on Tuesday, reaching $142.67. 169,806 shares of the stock traded hands, compared to its average volume of 291,321. The firm has a market cap of $22.57 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock’s 50-day moving average price is $138.66 and its 200 day moving average price is $132.65. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $144.06.

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.