TIAA Trust National Association Has $1.74 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

TIAA Trust National Association boosted its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 31.4% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 13,263 shares of the company’s stock after acquiring an additional 3,170 shares during the quarter. TIAA Trust National Association’s holdings in SPDR S&P Dividend ETF were worth $1,741,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Grimes & Company Inc. boosted its position in SPDR S&P Dividend ETF by 1.6% during the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after purchasing an additional 84 shares during the last quarter. PFG Investments LLC grew its stake in shares of SPDR S&P Dividend ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after buying an additional 86 shares in the last quarter. Riggs Asset Managment Co. Inc. increased its holdings in SPDR S&P Dividend ETF by 76.8% in the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock worth $29,000 after buying an additional 96 shares during the last quarter. PDS Planning Inc raised its position in SPDR S&P Dividend ETF by 0.6% during the fourth quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock valued at $2,111,000 after acquiring an additional 97 shares in the last quarter. Finally, NBC Securities Inc. lifted its stake in SPDR S&P Dividend ETF by 4.0% in the first quarter. NBC Securities Inc. now owns 2,811 shares of the company’s stock valued at $368,000 after acquiring an additional 107 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.3 %

SDY stock traded up $0.35 during trading hours on Monday, hitting $131.96. The company’s stock had a trading volume of 128,685 shares, compared to its average volume of 325,018. The stock has a 50 day moving average price of $129.20 and a two-hundred day moving average price of $127.39. SPDR S&P Dividend ETF has a 12 month low of $109.87 and a 12 month high of $134.47. The company has a market capitalization of $20.88 billion, a PE ratio of 19.72 and a beta of 0.68.

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.