Cerity Partners LLC Sells 6,179 Shares of SPDR S&P Dividend ETF $SDY

Cerity Partners LLC decreased its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 76,233 shares of the company’s stock after selling 6,179 shares during the quarter. Cerity Partners LLC owned approximately 0.05% of SPDR S&P Dividend ETF worth $10,347,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. increased its stake in shares of SPDR S&P Dividend ETF by 125.3% in the second quarter. JPMorgan Chase & Co. now owns 1,451,468 shares of the company’s stock valued at $197,008,000 after buying an additional 7,179,596 shares in the last quarter. PNC Financial Services Group Inc. grew its holdings in SPDR S&P Dividend ETF by 35.0% during the 2nd quarter. PNC Financial Services Group Inc. now owns 574,419 shares of the company’s stock worth $77,966,000 after acquiring an additional 148,984 shares during the last quarter. Midwest Trust Co acquired a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at about $15,319,000. Coldstream Capital Management Inc. raised its stake in shares of SPDR S&P Dividend ETF by 2,198.7% in the second quarter. Coldstream Capital Management Inc. now owns 98,661 shares of the company’s stock worth $13,391,000 after acquiring an additional 94,369 shares during the last quarter. Finally, Joel Isaacson & Co. LLC lifted its position in shares of SPDR S&P Dividend ETF by 3.4% during the second quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock worth $358,997,000 after purchasing an additional 86,679 shares in the last quarter. Institutional investors and hedge funds own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

SDY opened at $140.03 on Thursday. SPDR S&P Dividend ETF has a one year low of $119.83 and a one year high of $143.49. The company’s 50 day simple moving average is $138.73 and its 200-day simple moving average is $138.39. The stock has a market capitalization of $20.14 billion, a P/E ratio of 19.85 and a beta of 0.79.

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.