Financial Partners Group Inc Has $909,000 Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Financial Partners Group Inc cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,399 shares of the company’s stock after selling 657 shares during the period. Financial Partners Group Inc’s holdings in SPDR S&P Dividend ETF were worth $909,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the company. ASB Consultores LLC boosted its stake in shares of SPDR S&P Dividend ETF by 51.3% in the 3rd quarter. ASB Consultores LLC now owns 3,835 shares of the company’s stock worth $545,000 after buying an additional 1,300 shares during the last quarter. Clarity Capital Partners LLC raised its holdings in shares of SPDR S&P Dividend ETF by 8.3% in the 3rd quarter. Clarity Capital Partners LLC now owns 5,229 shares of the company’s stock worth $743,000 after purchasing an additional 401 shares during the period. First National Bank of Mount Dora Trust Investment Services bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $226,000. Forum Financial Management LP raised its holdings in SPDR S&P Dividend ETF by 9.9% during the 3rd quarter. Forum Financial Management LP now owns 11,383 shares of the company’s stock valued at $1,617,000 after acquiring an additional 1,023 shares during the period. Finally, Lodestone Wealth Management LLC bought a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $205,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA SDY traded up $0.27 during trading on Tuesday, hitting $138.40. 27,929 shares of the company’s stock traded hands, compared to its average volume of 281,998. The stock has a fifty day moving average of $140.38 and a two-hundred day moving average of $134.00. SPDR S&P Dividend ETF has a 12-month low of $113.20 and a 12-month high of $144.06. The firm has a market cap of $21.89 billion, a P/E ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.