Connecticut Wealth Management LLC Sells 252 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Connecticut Wealth Management LLC lowered its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.6% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 43,416 shares of the company’s stock after selling 252 shares during the period. Connecticut Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $5,522,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the business. Fifth Third Securities Inc. lifted its stake in shares of SPDR S&P Dividend ETF by 7.9% in the 2nd quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock valued at $1,598,000 after acquiring an additional 922 shares during the last quarter. LRI Investments LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the first quarter valued at about $492,000. TD Capital Management LLC grew its holdings in shares of SPDR S&P Dividend ETF by 50.6% during the fourth quarter. TD Capital Management LLC now owns 780 shares of the company’s stock worth $97,000 after purchasing an additional 262 shares during the last quarter. GM Advisory Group LLC acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $255,000. Finally, Roundview Capital LLC acquired a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $215,000.

SPDR S&P Dividend ETF Price Performance

NYSEARCA:SDY opened at $140.03 on Friday. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $142.14. The company has a market cap of $22.15 billion, a PE ratio of 19.72 and a beta of 0.68. The firm’s 50 day simple moving average is $136.06 and its 200 day simple moving average is $131.20.

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.