SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. reduced its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 10.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,773 shares of the company’s stock after selling 458 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in SPDR S&P Dividend ETF were worth $498,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Precedent Wealth Partners LLC grew its holdings in shares of SPDR S&P Dividend ETF by 2.9% during the 4th quarter. Precedent Wealth Partners LLC now owns 64,801 shares of the company’s stock worth $8,560,000 after purchasing an additional 1,836 shares during the period. Flagship Harbor Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 0.3% during the 4th quarter. Flagship Harbor Advisors LLC now owns 42,445 shares of the company’s stock worth $5,607,000 after acquiring an additional 117 shares in the last quarter. Wolff Financial Management LLC raised its position in SPDR S&P Dividend ETF by 0.6% in the 4th quarter. Wolff Financial Management LLC now owns 231,681 shares of the company’s stock valued at $30,605,000 after purchasing an additional 1,351 shares in the last quarter. Midwest Financial Group LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $394,000. Finally, CX Institutional raised its position in shares of SPDR S&P Dividend ETF by 7.0% during the 4th quarter. CX Institutional now owns 71,551 shares of the company’s stock worth $9,452,000 after acquiring an additional 4,697 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $136.34 on Tuesday. The stock’s 50-day simple moving average is $136.10 and its 200-day simple moving average is $137.34. The firm has a market capitalization of $21.57 billion, a PE ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

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.