Private Trust Co. NA Cuts Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Private Trust Co. NA reduced its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,936 shares of the company’s stock after selling 1,034 shares during the period. Private Trust Co. NA’s holdings in SPDR S&P Dividend ETF were worth $843,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Brown Brothers Harriman & Co. grew its holdings in SPDR S&P Dividend ETF by 2,310.9% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 37,683 shares of the company’s stock worth $5,352,000 after acquiring an additional 36,120 shares in the last quarter. SevenBridge Financial Group LLC increased its holdings in SPDR S&P Dividend ETF by 1.5% in the third quarter. SevenBridge Financial Group LLC now owns 6,542 shares of the company’s stock valued at $928,000 after buying an additional 95 shares during the last quarter. Larson Financial Group LLC raised its stake in SPDR S&P Dividend ETF by 0.9% in the third quarter. Larson Financial Group LLC now owns 10,436 shares of the company’s stock valued at $1,482,000 after buying an additional 89 shares in the last quarter. Baltimore Washington Financial Advisors Inc. lifted its holdings in SPDR S&P Dividend ETF by 4.6% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 146,992 shares of the company’s stock worth $20,879,000 after buying an additional 6,471 shares during the last quarter. Finally, Kingsview Wealth Management LLC boosted its position in shares of SPDR S&P Dividend ETF by 2.1% during the 3rd quarter. Kingsview Wealth Management LLC now owns 6,862 shares of the company’s stock worth $975,000 after acquiring an additional 138 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $143.47 on Wednesday. The stock’s 50-day simple moving average is $140.92 and its 200-day simple moving average is $135.40. The firm has a market capitalization of $22.70 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $118.33 and a fifty-two week high of $144.06.

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.