SPDR S&P Dividend ETF $SDY Position Lowered by Mycio Wealth Partners LLC

Mycio Wealth Partners LLC cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.7% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,447 shares of the company’s stock after selling 4,188 shares during the period. SPDR S&P Dividend ETF comprises approximately 0.7% of Mycio Wealth Partners LLC’s holdings, making the stock its 17th largest position. Mycio Wealth Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $3,874,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC boosted its stake in shares of SPDR S&P Dividend ETF by 57.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,846 shares of the company’s stock valued at $5,455,000 after buying an additional 13,121 shares during the period. NWF Advisory Services Inc. increased its stake in shares of SPDR S&P Dividend ETF by 3.3% in the second quarter. NWF Advisory Services Inc. now owns 183,880 shares of the company’s stock worth $27,983,000 after acquiring an additional 5,851 shares during the last quarter. NewEdge Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 35.8% in the second quarter. NewEdge Advisors LLC now owns 84,145 shares of the company’s stock worth $12,805,000 after acquiring an additional 22,199 shares during the last quarter. Investment Partners LTD. increased its stake in shares of SPDR S&P Dividend ETF by 118.9% in the third quarter. Investment Partners LTD. now owns 33,944 shares of the company’s stock worth $4,972,000 after acquiring an additional 18,435 shares during the last quarter. Finally, Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in shares of SPDR S&P Dividend ETF in the second quarter worth $814,000. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $160.87 on Monday. The firm has a market cap of $22.26 billion, a price-to-earnings ratio of 19.85 and a beta of 0.67. SPDR S&P Dividend ETF has a 1 year low of $135.85 and a 1 year high of $166.61. The business has a fifty day simple moving average of $153.85 and a 200 day simple moving average of $152.02.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.