Penobscot Investment Management Company Inc. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 11.0% during the 4th quarter, Holdings Channel reports. The firm owned 2,645 shares of the company’s stock after selling 327 shares during the quarter. Penobscot Investment Management Company Inc.’s holdings in SPDR S&P Dividend ETF were worth $331,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the company. Chevy Chase Trust Holdings LLC acquired a new stake in SPDR S&P Dividend ETF during the 3rd quarter valued at $219,000. Dakota Wealth Management bought a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $1,178,000. FinTrust Capital Advisors LLC lifted its position in SPDR S&P Dividend ETF by 342.5% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 469 shares of the company’s stock worth $54,000 after buying an additional 363 shares in the last quarter. Capital Advisors Inc. OK grew its holdings in SPDR S&P Dividend ETF by 1.4% during the 3rd quarter. Capital Advisors Inc. OK now owns 9,316 shares of the company’s stock worth $1,071,000 after acquiring an additional 128 shares during the last quarter. Finally, Stratos Wealth Advisors LLC increased its position in SPDR S&P Dividend ETF by 1.9% in the 3rd quarter. Stratos Wealth Advisors LLC now owns 7,115 shares of the company’s stock valued at $818,000 after acquiring an additional 133 shares in the last quarter.
SPDR S&P Dividend ETF Trading Up 0.1 %
Shares of NYSEARCA SDY opened at $127.39 on Thursday. SPDR S&P Dividend ETF has a 1-year low of $109.87 and a 1-year high of $131.67. The company has a 50-day moving average of $127.75 and a two-hundred day moving average of $123.06. The company has a market cap of $20.15 billion, a PE ratio of 19.72 and a beta of 0.68.
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.
Further Reading
- Five stocks we like better than SPDR S&P Dividend ETF
- What Are Dividend Achievers? An Introduction
- AMD is Down 35%. Now is the Time to Buy the Dip
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Amazon Stands Tall: New Highs Are in Sight
- What Are the U.K. Market Holidays? How to Invest and Trade
- Chesapeake Energy Stock is The Energy Play, Earnings Confirm
Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
