City Holding Co. Sells 152 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

City Holding Co. cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 8.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,742 shares of the company’s stock after selling 152 shares during the period. City Holding Co.’s holdings in SPDR S&P Dividend ETF were worth $230,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in SDY. AE Wealth Management LLC lifted its stake in shares of SPDR S&P Dividend ETF by 51.8% during the 2nd quarter. AE Wealth Management LLC now owns 4,721 shares of the company’s stock worth $600,000 after acquiring an additional 1,612 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of SPDR S&P Dividend ETF by 5.3% during the second quarter. Thrivent Financial for Lutherans now owns 23,883 shares of the company’s stock worth $3,037,000 after purchasing an additional 1,204 shares during the last quarter. Evergreen Capital Management LLC boosted its stake in shares of SPDR S&P Dividend ETF by 3.6% during the second quarter. Evergreen Capital Management LLC now owns 13,695 shares of the company’s stock valued at $1,742,000 after purchasing an additional 470 shares during the period. Insigneo Advisory Services LLC boosted its stake in shares of SPDR S&P Dividend ETF by 112.8% during the second quarter. Insigneo Advisory Services LLC now owns 4,083 shares of the company’s stock valued at $536,000 after purchasing an additional 2,164 shares during the period. Finally, Drucker Wealth 3.0 LLC purchased a new position in SPDR S&P Dividend ETF in the 2nd quarter worth about $2,404,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $133.77 on Tuesday. The firm has a market capitalization of $21.16 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year high of $144.45. The company has a 50-day moving average of $136.76 and a 200 day moving average of $137.08.

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.