First National Trust Co Cuts Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

First National Trust Co decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,036 shares of the company’s stock after selling 659 shares during the period. First National Trust Co’s holdings in SPDR S&P Dividend ETF were worth $879,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SDY. Chevy Chase Trust Holdings LLC purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at $219,000. WealthShield Partners LLC lifted its position in SPDR S&P Dividend ETF by 16.5% during the third quarter. WealthShield Partners LLC now owns 1,265 shares of the company’s stock valued at $145,000 after buying an additional 179 shares in the last quarter. Brighton Jones LLC boosted its position in SPDR S&P Dividend ETF by 3.6% during the 3rd quarter. Brighton Jones LLC now owns 16,311 shares of the company’s stock worth $1,876,000 after purchasing an additional 564 shares during the period. Park Avenue Securities LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the third quarter valued at about $568,000. Finally, Sage Rhino Capital LLC raised its stake in shares of SPDR S&P Dividend ETF by 1.4% during the third quarter. Sage Rhino Capital LLC now owns 85,006 shares of the company’s stock valued at $9,777,000 after purchasing an additional 1,135 shares during the period.

SPDR S&P Dividend ETF Trading Up 0.4 %

NYSEARCA:SDY traded up $0.51 on Friday, reaching $128.60. The stock had a trading volume of 191,750 shares, compared to its average volume of 370,541. The stock has a market cap of $20.34 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67. The company has a 50-day moving average of $127.86 and a 200 day moving average of $123.19.

SPDR S&P Dividend ETF 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.