Harbour Trust & Investment Management Co Has $1.39 Million Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Harbour Trust & Investment Management Co cut its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,765 shares of the company’s stock after selling 585 shares during the period. Harbour Trust & Investment Management Co’s holdings in SPDR S&P Dividend ETF were worth $1,387,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Coston McIsaac & Partners increased its holdings in SPDR S&P Dividend ETF by 0.5% during the 3rd quarter. Coston McIsaac & Partners now owns 14,489 shares of the company’s stock worth $2,058,000 after purchasing an additional 72 shares in the last quarter. Marshall Financial Group LLC increased its holdings in SPDR S&P Dividend ETF by 3.7% during the 3rd quarter. Marshall Financial Group LLC now owns 2,044 shares of the company’s stock worth $290,000 after purchasing an additional 73 shares in the last quarter. WealthBridge Capital Management LLC grew its holdings in shares of SPDR S&P Dividend ETF by 1.8% in the 3rd quarter. WealthBridge Capital Management LLC now owns 4,190 shares of the company’s stock valued at $595,000 after acquiring an additional 75 shares in the last quarter. M3 Advisory Group LLC grew its holdings in shares of SPDR S&P Dividend ETF by 2.1% in the 3rd quarter. M3 Advisory Group LLC now owns 3,653 shares of the company’s stock valued at $519,000 after acquiring an additional 76 shares in the last quarter. Finally, Great Valley Advisor Group Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 0.8% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 9,465 shares of the company’s stock valued at $1,204,000 after acquiring an additional 77 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $140.95 on Friday. The stock has a market capitalization of $22.30 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The business has a 50-day moving average of $140.00 and a 200-day moving average of $133.26. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $144.06.

SPDR S&P Dividend ETF 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.