Whittier Trust Co. of Nevada Inc. Has $5.86 Million Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Whittier Trust Co. of Nevada Inc. lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.1% in the 4th quarter, Holdings Channel reports. The institutional investor owned 44,381 shares of the company’s stock after selling 944 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in SPDR S&P Dividend ETF were worth $5,863,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the company. Avion Wealth increased its holdings in SPDR S&P Dividend ETF by 164.5% in the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after buying an additional 125 shares during the period. Kestra Investment Management LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at about $31,000. Noble Wealth Management PBC acquired a new position in SPDR S&P Dividend ETF in the fourth quarter worth about $32,000. Rialto Wealth Management LLC bought a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $34,000. Finally, ST Germain D J Co. Inc. acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter valued at approximately $38,000.

SPDR S&P Dividend ETF Trading Down 0.7 %

Shares of SDY opened at $134.20 on Friday. The stock has a market cap of $19.97 billion, a PE ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The stock has a 50 day simple moving average of $134.92 and a 200-day simple moving average of $137.57.

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.