NBT Bank N A NY reduced its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 8.5% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 83,197 shares of the company’s stock after selling 7,740 shares during the period. SPDR S&P Dividend ETF makes up 0.8% of NBT Bank N A NY’s investment portfolio, making the stock its 29th biggest position. NBT Bank N A NY owned about 0.05% of SPDR S&P Dividend ETF worth $10,990,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently made changes to their positions in the stock. Axis Wealth Partners LLC purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth $1,070,000. Rialto Wealth Management LLC purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth $34,000. Larson Financial Group LLC raised its position in SPDR S&P Dividend ETF by 4.1% in the 4th quarter. Larson Financial Group LLC now owns 10,862 shares of the company’s stock worth $1,435,000 after purchasing an additional 426 shares during the period. Mesirow Financial Investment Management Inc. raised its position in SPDR S&P Dividend ETF by 1.5% in the 4th quarter. Mesirow Financial Investment Management Inc. now owns 102,613 shares of the company’s stock worth $13,555,000 after purchasing an additional 1,525 shares during the period. Finally, Novus Advisors LLC purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth $438,000.
SPDR S&P Dividend ETF Stock Up 1.6 %
Shares of NYSEARCA:SDY opened at $138.67 on Monday. The stock has a market cap of $20.75 billion, a PE ratio of 21.48 and a beta of 0.88. The company’s fifty day moving average is $134.10 and its 200 day moving average is $137.80. SPDR S&P Dividend ETF has a 52 week low of $124.37 and a 52 week 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.
Featured Stories
- Five stocks we like better than SPDR S&P Dividend ETF
- Where Do I Find 52-Week Highs and Lows?
- Institutional Investors Bet $1B on These 4 Stocks—Should You?
- What is the Nikkei 225 index?
- One Must-Buy Stock and One to Avoid as Tariffs Shake the Market
- 3 REITs to Buy and Hold for the Long Term
- These 4 Tech ETFs Just Hit 50-Day Lows—Time to Buy?
Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report).
Receive News & Ratings for SPDR S&P Dividend ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P Dividend ETF and related companies with MarketBeat.com's FREE daily email newsletter.
