NBT Bank N.A. Makes New Investment in SPDR S&P Dividend ETF $SDY

NBT Bank N.A. bought a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 81,028 shares of the company’s stock, valued at approximately $11,869,000. NBT Bank N.A. owned 0.06% of SPDR S&P Dividend ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of SPDR S&P Dividend ETF by 0.5% during the 1st quarter. Bank of America Corp DE now owns 7,319,410 shares of the company’s stock valued at $1,068,195,000 after acquiring an additional 36,785 shares during the period. Envestnet Asset Management Inc. raised its stake in SPDR S&P Dividend ETF by 0.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,111,642 shares of the company’s stock worth $169,170,000 after acquiring an additional 8,231 shares during the period. Janney Montgomery Scott LLC raised its stake in SPDR S&P Dividend ETF by 0.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 577,947 shares of the company’s stock worth $87,952,000 after acquiring an additional 5,348 shares during the period. HighTower Advisors LLC raised its stake in SPDR S&P Dividend ETF by 0.4% during the 2nd quarter. HighTower Advisors LLC now owns 481,025 shares of the company’s stock worth $73,202,000 after acquiring an additional 1,899 shares during the period. Finally, J.Safra Asset Management Corp raised its stake in SPDR S&P Dividend ETF by 2.6% during the 2nd quarter. J.Safra Asset Management Corp now owns 378,030 shares of the company’s stock worth $57,529,000 after acquiring an additional 9,529 shares during the period. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

SDY opened at $159.94 on Friday. The company has a 50 day simple moving average of $153.28 and a two-hundred day simple moving average of $152.05. The firm has a market cap of $22.19 billion, a P/E ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29.

SPDR S&P Dividend ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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