First National Bank of Mount Dora Trust Investment Services Takes $226,000 Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

First National Bank of Mount Dora Trust Investment Services acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, Holdings Channel.com reports. The fund acquired 1,590 shares of the company’s stock, valued at approximately $226,000.

Other institutional investors also recently modified their holdings of the company. Riggs Asset Managment Co. Inc. boosted its position in shares of SPDR S&P Dividend ETF by 76.8% during the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after buying an additional 96 shares during the last quarter. Russell Investments Group Ltd. boosted its position 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 worth $33,000 after purchasing an additional 127 shares during the last quarter. Opal Wealth Advisors LLC purchased a new position in SPDR S&P Dividend ETF in the second quarter worth about $34,000. Strategic Investment Solutions Inc. IL boosted 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 worth $37,000 after purchasing an additional 140 shares during the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. purchased a new position in SPDR S&P Dividend ETF in the second quarter worth about $38,000.

SPDR S&P Dividend ETF Stock Up 0.3 %

NYSEARCA:SDY traded up $0.36 on Monday, hitting $138.54. The stock had a trading volume of 36,007 shares, compared to its average volume of 282,614. The stock has a market cap of $21.92 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business’s 50-day simple moving average is $140.39 and its two-hundred day simple moving average is $133.92. SPDR S&P Dividend ETF has a 52-week low of $113.20 and a 52-week high of $144.06.

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.