First National Corp MA ADV Has $8.36 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

First National Corp MA ADV lifted its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.3% in the 4th quarter, Holdings Channel reports. The institutional investor owned 63,294 shares of the company’s stock after purchasing an additional 1,440 shares during the quarter. SPDR S&P Dividend ETF accounts for about 1.9% of First National Corp MA ADV’s investment portfolio, making the stock its 15th biggest holding. First National Corp MA ADV’s holdings in SPDR S&P Dividend ETF were worth $8,361,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Capital Performance Advisors LLP acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth approximately $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF during the third quarter worth $32,000. Assetmark Inc. boosted its holdings in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL grew its position in SPDR S&P Dividend ETF by 113.8% in the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares in the last quarter. Finally, ST Germain D J Co. Inc. acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $38,000.

SPDR S&P Dividend ETF Price Performance

SPDR S&P Dividend ETF stock opened at $132.90 on Monday. The company has a market cap of $21.02 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm has a 50-day moving average of $134.52 and a 200-day moving average of $137.49. SPDR S&P Dividend ETF has a one year low of $121.52 and a one year high of $144.45.

SPDR S&P Dividend ETF Company 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.