Destiny Capital Corp CO Reduces Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Destiny Capital Corp CO decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 6.0% during the third quarter, according to its most recent filing with the SEC. The firm owned 10,378 shares of the company’s stock after selling 660 shares during the period. SPDR S&P Dividend ETF comprises about 0.9% of Destiny Capital Corp CO’s holdings, making the stock its 19th largest holding. Destiny Capital Corp CO’s holdings in SPDR S&P Dividend ETF were worth $1,433,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SDY. Capital Performance Advisors LLP purchased a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at about $31,000. JNBA Financial Advisors purchased a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at about $32,000. Russell Investments Group Ltd. boosted its holdings in shares of SPDR S&P Dividend ETF by 101.6% during the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after acquiring an additional 127 shares during the last quarter. Opal Wealth Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter valued at about $34,000. Finally, Assetmark Inc. boosted its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after acquiring an additional 167 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

SDY traded down $0.23 during trading on Friday, reaching $139.67. 166,584 shares of the company traded hands, compared to its average volume of 281,260. SPDR S&P Dividend ETF has a 12-month low of $117.25 and a 12-month high of $144.06. The firm has a fifty day simple moving average of $140.68 and a 200 day simple moving average of $134.72. The company has a market cap of $22.10 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.