Grimes & Company Inc. Trims Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Grimes & Company Inc. decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 5,309 shares of the company’s stock after selling 93 shares during the quarter. Grimes & Company Inc.’s holdings in SPDR S&P Dividend ETF were worth $697,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. MCF Advisors LLC raised its holdings in SPDR S&P Dividend ETF by 54.3% in the 1st quarter. MCF Advisors LLC now owns 3,765 shares of the company’s stock worth $494,000 after purchasing an additional 1,325 shares in the last quarter. Weaver Consulting Group raised its stake in SPDR S&P Dividend ETF by 36.5% in the first quarter. Weaver Consulting Group now owns 8,389 shares of the company’s stock worth $1,101,000 after buying an additional 2,245 shares in the last quarter. OneAscent Financial Services LLC grew its holdings in shares of SPDR S&P Dividend ETF by 3.6% during the 1st quarter. OneAscent Financial Services LLC now owns 4,325 shares of the company’s stock worth $568,000 after acquiring an additional 152 shares during the period. Investment Partners LTD. raised its position in shares of SPDR S&P Dividend ETF by 0.8% in the 1st quarter. Investment Partners LTD. now owns 22,903 shares of the company’s stock worth $3,006,000 after acquiring an additional 173 shares in the last quarter. Finally, Sar Wealth Management Group LLC lifted its stake in shares of SPDR S&P Dividend ETF by 0.5% in the 1st quarter. Sar Wealth Management Group LLC now owns 98,670 shares of the company’s stock valued at $12,949,000 after purchasing an additional 523 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.1 %

Shares of SDY stock opened at $127.18 on Friday. The stock has a market cap of $20.12 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business’s fifty day moving average is $129.17 and its 200 day moving average is $126.91. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $132.49.

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.