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

First National Trust Co reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 14.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,758 shares of the company’s stock after selling 1,156 shares during the quarter. First National Trust Co’s holdings in SPDR S&P Dividend ETF were worth $960,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ashton Thomas Securities LLC purchased a new position in SPDR S&P Dividend ETF during the third quarter worth approximately $67,000. Arrow Financial Corp purchased a new position in shares of SPDR S&P Dividend ETF during the 3rd quarter valued at approximately $233,000. Mesirow Financial Investment Management Inc. grew its stake in SPDR S&P Dividend ETF by 1.9% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 101,088 shares of the company’s stock valued at $14,358,000 after acquiring an additional 1,869 shares during the period. Carmel Capital Partners LLC purchased a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth $265,000. Finally, Assetmark Inc. raised its position in SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after acquiring an additional 167 shares during the period.

SPDR S&P Dividend ETF Stock Down 0.7 %

Shares of NYSEARCA SDY opened at $140.86 on Wednesday. The firm has a market cap of $22.28 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company’s 50-day simple moving average is $140.56 and its 200-day simple moving average is $134.46. SPDR S&P Dividend ETF has a 52-week low of $113.70 and a 52-week high of $144.06.

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.