Destiny Capital Corp CO Has $1.40 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Destiny Capital Corp CO lowered its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,038 shares of the company’s stock after selling 119 shares during the period. SPDR S&P Dividend ETF comprises about 1.0% of Destiny Capital Corp CO’s portfolio, making the stock its 18th largest holding. Destiny Capital Corp CO’s holdings in SPDR S&P Dividend ETF were worth $1,404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Great Valley Advisor Group Inc. raised its stake in shares of SPDR S&P Dividend ETF by 0.8% during the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock worth $1,204,000 after purchasing an additional 77 shares in the last quarter. Vantage Financial Partners LLC grew its position in shares of SPDR S&P Dividend ETF by 2.3% in the 2nd quarter. Vantage Financial Partners LLC now owns 3,584 shares of the company’s stock valued at $456,000 after acquiring an additional 80 shares during the period. WCG Wealth Advisors LLC grew its position in shares of SPDR S&P Dividend ETF by 0.8% in the 2nd quarter. WCG Wealth Advisors LLC now owns 10,357 shares of the company’s stock valued at $1,317,000 after acquiring an additional 83 shares during the period. Roger Wittlin Investment Advisory LLC increased its stake in shares of SPDR S&P Dividend ETF by 0.7% during the 2nd quarter. Roger Wittlin Investment Advisory LLC now owns 13,027 shares of the company’s stock worth $1,657,000 after purchasing an additional 87 shares during the last quarter. Finally, Coldstream Capital Management Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 1.6% in the 2nd quarter. Coldstream Capital Management Inc. now owns 5,863 shares of the company’s stock valued at $746,000 after purchasing an additional 90 shares during the period.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $140.03 on Friday. The company has a 50-day simple moving average of $136.06 and a 200 day simple moving average of $131.24. The company has a market capitalization of $22.15 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $142.14.

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.