Csenge Advisory Group Sells 6,863 Shares of SPDR S&P Dividend ETF $SDY

Csenge Advisory Group lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 63.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,894 shares of the company’s stock after selling 6,863 shares during the quarter. Csenge Advisory Group’s holdings in SPDR S&P Dividend ETF were worth $545,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Versant Capital Management Inc increased its stake in shares of SPDR S&P Dividend ETF by 59.2% in the third quarter. Versant Capital Management Inc now owns 2,057 shares of the company’s stock worth $288,000 after purchasing an additional 765 shares during the period. Manning & Napier Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 3rd quarter worth approximately $125,000. WESPAC Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter worth approximately $510,000. Retirement Planning Group LLC acquired a new position in shares of SPDR S&P Dividend ETF during the third quarter worth approximately $915,000. Finally, Concurrent Investment Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.3% in the third quarter. Concurrent Investment Advisors LLC now owns 24,170 shares of the company’s stock worth $3,385,000 after acquiring an additional 533 shares during the last quarter. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Trading Down 0.1%

Shares of SDY stock opened at $146.51 on Tuesday. The firm has a market capitalization of $20.80 billion, a P/E ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $146.92. The firm’s fifty day simple moving average is $140.54 and its 200 day simple moving average is $139.73.

SPDR S&P Dividend ETF 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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.