Woodard & Co. Asset Management Group Inc. ADV cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 29.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,900 shares of the company’s stock after selling 790 shares during the quarter. Woodard & Co. Asset Management Group Inc. ADV’s holdings in SPDR S&P Dividend ETF were worth $176,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Cornerstone Wealth Management LLC raised its stake in SPDR S&P Dividend ETF by 61,823.7% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 6,701,997 shares of the company’s stock valued at $72,390,000 after purchasing an additional 6,691,174 shares during the period. Financial Counselors Inc. increased its position in SPDR S&P Dividend ETF by 880.1% during the second quarter. Financial Counselors Inc. now owns 1,806,780 shares of the company’s stock worth $16,749,000 after buying an additional 1,622,433 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in SPDR S&P Dividend ETF by 2.1% during the second quarter. Capital Investment Advisors LLC now owns 1,105,198 shares of the company’s stock valued at $102,502,000 after acquiring an additional 22,884 shares during the period. Destination Wealth Management boosted its holdings in SPDR S&P Dividend ETF by 2.2% during the second quarter. Destination Wealth Management now owns 774,825 shares of the company’s stock valued at $71,826,000 after acquiring an additional 16,981 shares during the period. Finally, Bank of Montreal Can boosted its holdings in SPDR S&P Dividend ETF by 6.6% during the second quarter. Bank of Montreal Can now owns 426,483 shares of the company’s stock valued at $39,535,000 after acquiring an additional 26,509 shares during the period.

Shares of NYSEARCA SDY traded up $0.20 during mid-day trading on Friday, hitting $99.67. The company had a trading volume of 329,338 shares, compared to its average volume of 492,886. SPDR S&P Dividend ETF has a 12 month low of $87.95 and a 12 month high of $99.67.

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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