SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Ruggie Capital Group

Ruggie Capital Group cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 91.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,063 shares of the company’s stock after selling 34,703 shares during the quarter. SPDR S&P Dividend ETF comprises about 0.5% of Ruggie Capital Group’s investment portfolio, making the stock its 28th largest position. Ruggie Capital Group’s holdings in SPDR S&P Dividend ETF were worth $313,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the company. Vigilant Capital Management LLC acquired a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at about $32,000. Archford Capital Strategies LLC acquired a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at about $59,000. Armor Investment Advisors LLC grew its stake in SPDR S&P Dividend ETF by 260.0% in the 1st quarter. Armor Investment Advisors LLC now owns 630 shares of the company’s stock valued at $63,000 after acquiring an additional 455 shares during the last quarter. Financial Gravity Wealth Inc. acquired a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at about $69,000. Finally, Kavar Capital Partners LLC acquired a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at about $70,000.

NYSEARCA SDY traded up $0.89 during trading hours on Wednesday, reaching $99.25. The company’s stock had a trading volume of 5,829 shares, compared to its average volume of 630,120. SPDR S&P Dividend ETF has a fifty-two week low of $84.28 and a fifty-two week high of $102.96. The company’s 50-day moving average is $100.72 and its two-hundred day moving average is $99.61.

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.

See Also: What are the reasons investors use put options?

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)

Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.