Bay Colony Advisory Group Inc d b a Bay Colony Advisors lessened its stake in SPDR S&P Dividend ETF ( NYSEARCA:SDY – Free Report ) by 2.5% during the 1st quarter, Holdings Channel.com reports. The firm owned 4,176 shares of the company's stock after selling 108 shares during the quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors' holdings in SPDR S&P Dividend ETF were worth $509,000 as of its most recent SEC filing. Other institutional investors and hedge funds also recently added to or reduced their stakes in the company.

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