United Advisor Group LLC Sells 111 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

United Advisor Group LLC lowered its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,631 shares of the company’s stock after selling 111 shares during the quarter. United Advisor Group LLC’s holdings in SPDR S&P Dividend ETF were worth $374,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. International Assets Investment Management LLC increased its stake in shares of SPDR S&P Dividend ETF by 13,497.7% during the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock worth $166,797,000 after purchasing an additional 1,165,660 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after buying an additional 509,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in shares of SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of SPDR S&P Dividend ETF by 4,418.2% in the second quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock worth $11,280,000 after purchasing an additional 86,729 shares in the last quarter. Finally, Sanctuary Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $10,044,000.

SPDR S&P Dividend ETF Trading Up 1.2 %

SPDR S&P Dividend ETF stock opened at $140.96 on Thursday. The firm has a 50 day simple moving average of $140.45 and a 200 day simple moving average of $134.14. SPDR S&P Dividend ETF has a 1-year low of $113.20 and a 1-year high of $144.06. The firm has a market capitalization of $22.30 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.