SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by MAS Advisors LLC

MAS Advisors LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 67.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,005 shares of the company’s stock after selling 20,947 shares during the period. SPDR S&P Dividend ETF makes up approximately 3.0% of MAS Advisors LLC’s portfolio, making the stock its 10th biggest holding. MAS Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $1,272,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Pathstone Holdings LLC purchased a new stake in SPDR S&P Dividend ETF during the 4th quarter worth $94,819,000. Cetera Investment Advisers lifted its position in 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 worth $90,392,000 after acquiring an additional 509,007 shares in the last quarter. Legacy Financial Group LLC boosted its holdings in SPDR S&P Dividend ETF by 1,574.9% in the 1st quarter. Legacy Financial Group LLC now owns 393,594 shares of the company’s stock worth $51,655,000 after acquiring an additional 370,094 shares during the period. Wealth Enhancement Advisory Services LLC grew its position in SPDR S&P Dividend ETF by 114.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock valued at $46,221,000 after acquiring an additional 194,290 shares in the last quarter. Finally, Argent Capital Management LLC acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $15,142,000.

SPDR S&P Dividend ETF Trading Up 0.4 %

NYSEARCA SDY opened at $141.10 on Friday. The stock has a market cap of $22.32 billion, a P/E ratio of 19.72 and a beta of 0.68. The company’s fifty day simple moving average is $135.87 and its 200-day simple moving average is $131.11. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $142.14.

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.