SPDR S&P Dividend ETF $SDY Shares Sold by Whittier Trust Co.

Whittier Trust Co. cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 11.7% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 40,557 shares of the company’s stock after selling 5,382 shares during the quarter. Whittier Trust Co.’s holdings in SPDR S&P Dividend ETF were worth $5,505,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Rebalance LLC raised its holdings in SPDR S&P Dividend ETF by 0.7% during the second quarter. Rebalance LLC now owns 11,098 shares of the company’s stock worth $1,506,000 after purchasing an additional 76 shares during the last quarter. Summit X LLC raised its holdings in SPDR S&P Dividend ETF by 4.2% during the first quarter. Summit X LLC now owns 1,932 shares of the company’s stock worth $262,000 after purchasing an additional 77 shares during the last quarter. OneDigital Investment Advisors LLC raised its holdings in SPDR S&P Dividend ETF by 0.5% during the first quarter. OneDigital Investment Advisors LLC now owns 14,308 shares of the company’s stock worth $1,941,000 after purchasing an additional 78 shares during the last quarter. Wealth Advisory Solutions LLC raised its holdings in SPDR S&P Dividend ETF by 3.1% during the second quarter. Wealth Advisory Solutions LLC now owns 2,584 shares of the company’s stock worth $351,000 after purchasing an additional 78 shares during the last quarter. Finally, Focus Financial Network Inc. raised its holdings in SPDR S&P Dividend ETF by 0.5% during the second quarter. Focus Financial Network Inc. now owns 15,561 shares of the company’s stock worth $2,112,000 after purchasing an additional 81 shares during the last quarter. 43.42% of the stock is owned by institutional investors and hedge funds.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $140.23 on Wednesday. The stock has a fifty day moving average price of $140.10 and a 200 day moving average price of $136.38. The stock has a market cap of $20.20 billion, a PE ratio of 19.85 and a beta of 0.86. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $144.45.

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.