Fiduciary Trust Co reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 1.4% during the 3rd quarter, Holdings Channel.com reports. The fund owned 16,939 shares of the company’s stock after selling 239 shares during the quarter. Fiduciary Trust Co’s holdings in SPDR S&P Dividend ETF were worth $2,406,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF in the third quarter valued at $32,000. Russell Investments Group Ltd. increased its stake in SPDR S&P Dividend ETF by 101.6% in the first quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after purchasing an additional 127 shares during the period. Opal Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the second quarter valued at $34,000. Finally, Assetmark Inc. increased its stake in SPDR S&P Dividend ETF by 192.0% in the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period.
SPDR S&P Dividend ETF Stock Performance
NYSEARCA SDY opened at $143.76 on Friday. The firm has a market cap of $22.74 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a one year low of $118.33 and a one year high of $144.45. The firm’s fifty day moving average is $141.04 and its two-hundred day moving average is $135.52.
SPDR S&P Dividend ETF 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.
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Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
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