First National Corp MA ADV Reduces Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

First National Corp MA ADV trimmed its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.8% in the 4th quarter, HoldingsChannel reports. The firm owned 71,126 shares of the company’s stock after selling 9,489 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.2% of First National Corp MA ADV’s portfolio, making the stock its 14th biggest position. First National Corp MA ADV’s holdings in SPDR S&P Dividend ETF were worth $8,889,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of SDY. Moneta Group Investment Advisors LLC increased its stake in shares of SPDR S&P Dividend ETF by 103,758.7% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 355,848,925 shares of the company’s stock worth $44,520,259,000 after acquiring an additional 355,506,297 shares in the last quarter. Pathstone Family Office LLC increased its stake in shares of SPDR S&P Dividend ETF by 4,360.9% in the 3rd quarter. Pathstone Family Office LLC now owns 801,808 shares of the company’s stock worth $92,216,000 after acquiring an additional 783,834 shares in the last quarter. Capital Investment Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter worth about $67,962,000. Orion Portfolio Solutions LLC increased its stake in shares of SPDR S&P Dividend ETF by 2,649.5% in the 2nd quarter. Orion Portfolio Solutions LLC now owns 355,917 shares of the company’s stock worth $43,628,000 after acquiring an additional 342,972 shares in the last quarter. Finally, Mariner LLC increased its stake in shares of SPDR S&P Dividend ETF by 238.2% in the 4th quarter. Mariner LLC now owns 412,943 shares of the company’s stock worth $51,753,000 after acquiring an additional 290,837 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SPDR S&P Dividend ETF stock opened at $130.88 on Thursday. The company has a 50-day moving average of $125.43 and a 200 day moving average of $120.96. The firm has a market cap of $23.30 billion, a price-to-earnings ratio of 14.72 and a beta of 0.86. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $130.89.

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.