First National Trust Co Cuts Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

First National Trust Co trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 22.8% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,219 shares of the company’s stock after selling 1,539 shares during the quarter. First National Trust Co’s holdings in SPDR S&P Dividend ETF were worth $689,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SDY. Raymond James Financial Inc. purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $397,657,000. Assetmark Inc. grew its stake in SPDR S&P Dividend ETF by 267,004.3% in the 4th quarter. Assetmark Inc. now owns 678,445 shares of the company’s stock valued at $89,623,000 after acquiring an additional 678,191 shares during the period. Independent Advisor Alliance acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $23,435,000. JPMorgan Chase & Co. grew its stake in SPDR S&P Dividend ETF by 13.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after acquiring an additional 122,858 shares during the period. Finally, TigerOak Management L.L.C. acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at $16,186,000.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $134.62 on Friday. The company’s fifty day moving average price is $134.42 and its 200 day moving average price is $137.70. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The stock has a market capitalization of $20.03 billion, a P/E ratio of 20.91 and a beta of 0.87.

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.