FineMark National Bank & Trust cut its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 1.7% in the 4th quarter, HoldingsChannel reports. The fund owned 24,004 shares of the company’s stock after selling 405 shares during the period. FineMark National Bank & Trust’s holdings in SPDR S&P Dividend ETF were worth $3,171,000 at the end of the most recent quarter.
Other large investors also recently made changes to their positions in the company. Raymond James Financial Inc. acquired a new position in SPDR S&P Dividend ETF in the fourth quarter valued at $397,657,000. LPL Financial LLC grew its holdings in SPDR S&P Dividend ETF by 2.1% in the 4th quarter. LPL Financial LLC now owns 2,861,694 shares of the company’s stock valued at $378,030,000 after buying an additional 59,001 shares during the period. Joel Isaacson & Co. LLC increased its stake in shares of SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after acquiring an additional 54,648 shares during the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 2.8% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock worth $145,831,000 after acquiring an additional 30,488 shares during the period. Finally, JPMorgan Chase & Co. boosted its position in shares of SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares during the last quarter.
SPDR S&P Dividend ETF Stock Performance
Shares of SDY stock opened at $133.68 on Wednesday. The firm has a market capitalization of $19.89 billion, a price-to-earnings ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a one year low of $124.37 and a one year high of $144.45. The company has a 50 day moving average price of $135.06 and a 200 day moving average price of $137.49.
SPDR S&P Dividend ETF Dividend Announcement
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.
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