Thrive Wealth Management LLC Trims Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Thrive Wealth Management LLC cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 2,202 shares of the company’s stock after selling 186 shares during the quarter. Thrive Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $313,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Joel Isaacson & Co. LLC lifted its position in SPDR S&P Dividend ETF by 0.6% during the first quarter. Joel Isaacson & Co. LLC now owns 2,387,293 shares of the company’s stock worth $313,308,000 after buying an additional 13,755 shares during the period. Pathstone Holdings LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth about $94,819,000. Cetera Investment Advisers increased its stake in SPDR S&P Dividend ETF by 283.2% during the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock worth $90,392,000 after acquiring an additional 509,007 shares during the last quarter. MAI Capital Management increased its stake in SPDR S&P Dividend ETF by 1.4% during the first quarter. MAI Capital Management now owns 527,434 shares of the company’s stock worth $69,220,000 after acquiring an additional 7,095 shares during the last quarter. Finally, Creative Planning increased its stake in SPDR S&P Dividend ETF by 1.1% during the second quarter. Creative Planning now owns 461,739 shares of the company’s stock worth $58,724,000 after acquiring an additional 4,963 shares during the last quarter.

SPDR S&P Dividend ETF Trading Up 0.2 %

NYSEARCA:SDY traded up $0.31 on Friday, hitting $140.86. 241,177 shares of the stock were exchanged, compared to its average volume of 296,492. The stock has a market cap of $22.28 billion, a PE ratio of 19.72 and a beta of 0.68. The stock has a fifty day moving average of $137.85 and a 200-day moving average of $132.12. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $142.62.

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.