FDx Advisors Inc. Trims Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

FDx Advisors Inc. trimmed its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 31.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 228,192 shares of the company’s stock after selling 104,814 shares during the period. SPDR S&P Dividend ETF accounts for approximately 0.9% of FDx Advisors Inc.’s holdings, making the stock its 28th largest position. FDx Advisors Inc.’s holdings in SPDR S&P Dividend ETF were worth $23,020,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Vigilant Capital Management LLC bought a new position in SPDR S&P Dividend ETF in the 2nd quarter worth $32,000. Truvestments Capital LLC bought a new position in SPDR S&P Dividend ETF in the 1st quarter worth $45,000. Pinnacle Bank bought a new position in SPDR S&P Dividend ETF in the 4th quarter worth $46,000. Archford Capital Strategies LLC bought a new position in SPDR S&P Dividend ETF in the 1st quarter worth $59,000. Finally, Northwest Wealth Management LLC boosted its holdings in SPDR S&P Dividend ETF by 86.8% in the 1st quarter. Northwest Wealth Management LLC now owns 607 shares of the company’s stock worth $60,000 after buying an additional 282 shares during the period.

SPDR S&P Dividend ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $102.82. The stock had a trading volume of 1,365 shares, compared to its average volume of 642,703. The company has a 50 day moving average of $101.44. SPDR S&P Dividend ETF has a one year low of $84.28 and a one year high of $102.90.

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

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