Millburn Ridgefield Corp cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 12.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,731 shares of the company’s stock after selling 387 shares during the quarter. Millburn Ridgefield Corp’s holdings in SPDR S&P Dividend ETF were worth $276,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SDY. Ellis Investment Partners LLC grew its position in shares of SPDR S&P Dividend ETF by 9,850.3% in the first quarter. Ellis Investment Partners LLC now owns 850,451 shares of the company’s stock valued at $850,000 after purchasing an additional 841,904 shares during the last quarter. CHURCHILL MANAGEMENT Corp acquired a new stake in shares of SPDR S&P Dividend ETF in the first quarter valued at approximately $27,216,000. Belpointe Asset Management LLC grew its position in shares of SPDR S&P Dividend ETF by 913.3% in the first quarter. Belpointe Asset Management LLC now owns 215,457 shares of the company’s stock valued at $10,238,000 after purchasing an additional 194,195 shares during the last quarter. Integrated Investment Consultants LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the second quarter valued at approximately $475,000. Finally, Raymond James & Associates grew its position in shares of SPDR S&P Dividend ETF by 4.6% in the first quarter. Raymond James & Associates now owns 4,252,272 shares of the company’s stock valued at $422,719,000 after purchasing an additional 188,693 shares during the last quarter.

SDY stock opened at $102.72 on Tuesday. The firm has a 50 day simple moving average of $101.39. SPDR S&P Dividend ETF has a 12 month low of $84.28 and a 12 month high of $102.83.

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.

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

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