Johnson Investment Counsel Inc. Sells 3,116 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Johnson Investment Counsel Inc. reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 27,501 shares of the company’s stock after selling 3,116 shares during the period. Johnson Investment Counsel Inc.’s holdings in SPDR S&P Dividend ETF were worth $3,371,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. Financial Gravity Asset Management Inc. bought a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at $12,075,000. Barclays PLC bought a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at $25,000. AlphaCore Capital LLC bought a new stake in SPDR S&P Dividend ETF in the 1st quarter valued at $25,000. Russell Investments Group Ltd. bought a new stake in SPDR S&P Dividend ETF in the 2nd quarter valued at $27,000. Finally, Live Oak Investment Partners bought a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $34,000.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $118.00 on Friday. The firm has a fifty day moving average price of $115.13 and a two-hundred day moving average price of $119.81. The company has a market cap of $21.00 billion, a PE ratio of 14.72 and a beta of 0.86. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $132.50.

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.