TD Waterhouse Canada Inc. reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 63.6% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 31,779 shares of the company’s stock after selling 55,516 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR S&P Dividend ETF were worth $4,864,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds have also recently made changes to their positions in the company. Park National Corp OH purchased a new position in shares of SPDR S&P Dividend ETF in the first quarter worth about $28,000. Continuum Advisory LLC acquired a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth about $29,000. Ankerstar Wealth LLC purchased a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at approximately $33,000. MBM Wealth Consultants LLC purchased a new stake in SPDR S&P Dividend ETF in the first quarter valued at approximately $34,000. Finally, Core Wealth Advisors LLC acquired a new position in SPDR S&P Dividend ETF in the 4th quarter worth approximately $35,000. 43.42% of the stock is owned by institutional investors and hedge funds.
SPDR S&P Dividend ETF Stock Performance
Shares of NYSEARCA:SDY opened at $155.89 on Monday. SPDR S&P Dividend ETF has a twelve month low of $135.30 and a twelve month high of $160.29. The company has a market cap of $23.60 billion, a PE ratio of 19.85 and a beta of 0.69. The company’s 50 day moving average is $156.07 and its 200 day moving average is $151.73.
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.
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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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