Fiduciary Trust Co Decreases Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Fiduciary Trust Co lessened its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.4% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,939 shares of the company’s stock after selling 239 shares during the period. Fiduciary Trust Co’s holdings in SPDR S&P Dividend ETF were worth $2,406,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SDY. International Assets Investment Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 13,497.7% in the 3rd quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after purchasing an additional 1,165,660 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 114.9% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock valued at $46,221,000 after purchasing an additional 194,290 shares in the last quarter. Strategic Financial Concepts LLC raised its holdings in shares of SPDR S&P Dividend ETF by 4,418.2% in the 2nd quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock valued at $11,280,000 after purchasing an additional 86,729 shares in the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 2nd quarter valued at $10,044,000. Finally, SMI Advisory Services LLC raised its holdings in shares of SPDR S&P Dividend ETF by 221.9% in the 2nd quarter. SMI Advisory Services LLC now owns 69,300 shares of the company’s stock valued at $8,748,000 after purchasing an additional 47,773 shares in the last quarter.

SPDR S&P Dividend ETF Trading Up 0.2 %

Shares of SDY opened at $143.76 on Friday. SPDR S&P Dividend ETF has a twelve month low of $118.33 and a twelve month high of $144.45. The firm’s fifty day simple moving average is $141.04 and its 200-day simple moving average is $135.52. The firm has a market capitalization of $22.74 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68.

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.