Lakeview Capital Partners LLC grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 47.8% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 3,527 shares of the company’s stock after buying an additional 1,140 shares during the period. Lakeview Capital Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $356,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in SDY. Ellis Investment Partners LLC raised its position in shares of SPDR S&P Dividend ETF by 9,850.3% during the first quarter. Ellis Investment Partners LLC now owns 850,451 shares of the company’s stock valued at $850,000 after buying an additional 841,904 shares during the last quarter. Belpointe Asset Management LLC increased its stake in SPDR S&P Dividend ETF by 913.3% in the first quarter. Belpointe Asset Management LLC now owns 215,457 shares of the company’s stock valued at $10,238,000 after acquiring an additional 194,195 shares during the period. Integrated Investment Consultants LLC bought a new stake in SPDR S&P Dividend ETF in the second quarter valued at about $475,000. Raymond James & Associates increased its stake in SPDR S&P Dividend ETF by 4.6% in the first quarter. Raymond James & Associates now owns 4,252,272 shares of the company’s stock valued at $422,719,000 after acquiring an additional 188,693 shares during the period. Finally, Commonwealth Equity Services LLC increased its stake in SPDR S&P Dividend ETF by 14.7% in the first quarter. Commonwealth Equity Services LLC now owns 1,164,161 shares of the company’s stock valued at $115,729,000 after acquiring an additional 148,778 shares during the period.

NYSEARCA SDY traded up $0.85 on Wednesday, reaching $99.21. The company’s stock had a trading volume of 3,791 shares, compared to its average volume of 630,120. The business has a 50-day moving average price of $100.72 and a 200 day moving average price of $99.61. SPDR S&P Dividend ETF has a 52 week low of $84.28 and a 52 week high of $102.96.

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.

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

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