First National Corp MA ADV Has $8.36 Million Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

First National Corp MA ADV boosted its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 63,294 shares of the company’s stock after acquiring an additional 1,440 shares during the quarter. SPDR S&P Dividend ETF accounts for about 1.9% of First National Corp MA ADV’s investment portfolio, making the stock its 15th biggest position. First National Corp MA ADV’s holdings in SPDR S&P Dividend ETF were worth $8,361,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Clarius Group LLC acquired a new position in SPDR S&P Dividend ETF during the third quarter worth $356,000. Concourse Financial Group Securities Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 1.1% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 42,422 shares of the company’s stock worth $6,026,000 after purchasing an additional 448 shares during the last quarter. McCarthy & Cox acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $359,000. Oxler Private Wealth LLC bought a new position in SPDR S&P Dividend ETF during the 3rd quarter valued at about $206,000. Finally, Elk River Wealth Management LLC boosted its position in SPDR S&P Dividend ETF by 2.2% in the third quarter. Elk River Wealth Management LLC now owns 385,024 shares of the company’s stock valued at $54,690,000 after buying an additional 8,194 shares in the last quarter.

SPDR S&P Dividend ETF Trading Down 0.5 %

Shares of SPDR S&P Dividend ETF stock opened at $132.90 on Monday. The stock has a market capitalization of $21.02 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The firm’s 50-day moving average price is $134.52 and its two-hundred day moving average price is $137.49. SPDR S&P Dividend ETF has a 1-year low of $121.52 and a 1-year 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.