SPDR S&P Dividend ETF (SDY) Shares Sold by Stratos Wealth Advisors LLC

Stratos Wealth Advisors LLC reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.9% during the first quarter, HoldingsChannel.com reports. The fund owned 6,531 shares of the company’s stock after selling 339 shares during the quarter. Stratos Wealth Advisors LLC’s holdings in SPDR S&P Dividend ETF were worth $649,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Thoroughbred Financial Services LLC acquired a new position in SPDR S&P Dividend ETF during the first quarter worth about $376,000. Keystone Financial Group acquired a new position in SPDR S&P Dividend ETF during the first quarter worth about $209,000. Karp Capital Management Corp grew its holdings in SPDR S&P Dividend ETF by 223.3% during the first quarter. Karp Capital Management Corp now owns 3,382 shares of the company’s stock worth $336,000 after acquiring an additional 2,336 shares during the period. Financial Partners Group Inc grew its holdings in SPDR S&P Dividend ETF by 33.8% during the first quarter. Financial Partners Group Inc now owns 12,501 shares of the company’s stock worth $1,243,000 after acquiring an additional 3,157 shares during the period. Finally, Raymond James & Associates grew its holdings in SPDR S&P Dividend ETF by 4.6% during the first quarter. Raymond James & Associates now owns 4,252,272 shares of the company’s stock worth $422,719,000 after acquiring an additional 188,693 shares during the period.

NYSEARCA:SDY traded up $1.14 during mid-day trading on Thursday, reaching $99.81. 188,894 shares of the stock were exchanged, compared to its average volume of 730,589. SPDR S&P Dividend ETF has a 1-year low of $84.28 and a 1-year high of $101.92.

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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.

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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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