Centennial Bank AR Sells 5,505 Shares of SPDR S&P Dividend ETF $SDY

Centennial Bank AR cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 38.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,650 shares of the company’s stock after selling 5,505 shares during the period. Centennial Bank AR’s holdings in SPDR S&P Dividend ETF were worth $1,262,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Park National Corp OH bought a new position in SPDR S&P Dividend ETF in the first quarter worth approximately $28,000. Ankerstar Wealth LLC acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $33,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $34,000. MBM Wealth Consultants LLC acquired a new position in shares of SPDR S&P Dividend ETF during the first quarter worth approximately $34,000. Finally, Syntax Research Inc. bought a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth $35,000. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Trading Down 0.6%

Shares of SDY stock opened at $154.81 on Friday. The firm has a market capitalization of $21.74 billion, a PE ratio of 19.85 and a beta of 0.69. The firm has a fifty day simple moving average of $151.02 and a two-hundred day simple moving average of $149.25. SPDR S&P Dividend ETF has a 12 month low of $135.30 and a 12 month high of $157.66.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.