Trust Co. of Vermont purchased a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) in the second quarter, Holdings Channel.com reports. The fund purchased 10,449 shares of the company’s stock, valued at approximately $1,590,000.
Other institutional investors have also recently bought and sold shares of the company. UBS Group AG boosted its stake in SPDR S&P Dividend ETF by 10.5% in the third quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after purchasing an additional 165,053 shares in the last quarter. Orion Porfolio Solutions LLC raised its holdings in shares of SPDR S&P Dividend ETF by 70.0% in the second quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock valued at $47,432,000 after buying an additional 143,853 shares during the last quarter. Joel Isaacson & Co. LLC lifted its position in SPDR S&P Dividend ETF by 4.6% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock worth $388,038,000 after buying an additional 121,368 shares in the last quarter. Raymond James Financial Inc. grew its holdings in SPDR S&P Dividend ETF by 4.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock worth $425,298,000 after acquiring an additional 119,562 shares during the last quarter. Finally, Fifth Third Bancorp increased its position in SPDR S&P Dividend ETF by 1,558.7% in the 1st quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock valued at $16,794,000 after acquiring an additional 108,140 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.
SPDR S&P Dividend ETF Trading Up 0.4%
Shares of NYSEARCA SDY opened at $157.66 on Wednesday. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29. The company has a 50-day moving average of $154.46 and a two-hundred day moving average of $151.25. The company has a market cap of $23.87 billion, a PE ratio of 19.85 and a beta of 0.69.
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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.
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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).
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