SPDR S&P Dividend ETF (SDY) Holdings Reduced by PNC Financial Services Group Inc.

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PNC Financial Services Group Inc. lessened its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 147,500 shares of the company’s stock after selling 13,099 shares during the quarter. PNC Financial Services Group Inc. owned about 0.09% of SPDR S&P Dividend ETF worth $13,673,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Live Your Vision LLC lifted its stake in shares of SPDR S&P Dividend ETF by 168.7% during the second quarter. Live Your Vision LLC now owns 1,115 shares of the company’s stock valued at $105,000 after acquiring an additional 700 shares during the period. WealthTrust Fairport LLC acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at about $103,000. BerganKDV Wealth Management LLC acquired a new position in SPDR S&P Dividend ETF in the second quarter valued at about $105,000. Compagnie Lombard Odier SCmA lifted its stake in SPDR S&P Dividend ETF by 100.0% in the first quarter. Compagnie Lombard Odier SCmA now owns 1,150 shares of the company’s stock valued at $104,000 after buying an additional 575 shares during the period. Finally, Archford Capital Strategies LLC acquired a new position in SPDR S&P Dividend ETF in the first quarter valued at about $123,000.

NYSEARCA:SDY opened at $98.01 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $87.95 and a 1-year high of $98.89.

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.

Further Reading: Understanding Average Daily Trade Volume

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

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