Thrivent Financial for Lutherans Has $2.93 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Thrivent Financial for Lutherans trimmed its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,613 shares of the company’s stock after selling 3,270 shares during the period. Thrivent Financial for Lutherans’ holdings in SPDR S&P Dividend ETF were worth $2,928,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SDY. International Assets Investment Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after purchasing an additional 1,165,660 shares during the last quarter. Cetera Investment Advisers boosted its stake in SPDR S&P Dividend ETF by 283.2% in the first quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after acquiring an additional 509,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares during the period. Strategic Financial Concepts LLC raised its position in shares of SPDR S&P Dividend ETF by 4,418.2% during the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after acquiring an additional 86,729 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $10,044,000.

SPDR S&P Dividend ETF Trading Down 0.0 %

SPDR S&P Dividend ETF stock opened at $143.47 on Wednesday. The firm has a market capitalization of $22.70 billion, a P/E ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average of $140.92 and a 200-day moving average of $135.40. SPDR S&P Dividend ETF has a 1 year low of $118.33 and a 1 year high of $144.06.

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.