Centennial Bank AR Sells 5,505 Shares of SPDR S&P Dividend ETF $SDY

Centennial Bank AR decreased its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 38.9% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,650 shares of the company’s stock after selling 5,505 shares during the period. Centennial Bank AR’s holdings in SPDR S&P Dividend ETF were worth $1,262,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of SDY. UBS Group AG boosted its holdings in SPDR S&P Dividend ETF by 10.5% during the 3rd quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock worth $242,663,000 after acquiring an additional 165,053 shares during the last quarter. Orion Porfolio Solutions LLC grew its stake in shares of SPDR S&P Dividend ETF by 70.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 349,460 shares of the company’s stock worth $47,432,000 after acquiring an additional 143,853 shares in the last quarter. Joel Isaacson & Co. LLC raised its holdings in shares of SPDR S&P Dividend ETF by 4.6% in the fourth quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock valued at $388,038,000 after purchasing an additional 121,368 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of SPDR S&P Dividend ETF by 4.0% in the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after purchasing an additional 119,562 shares during the last quarter. Finally, Fifth Third Bancorp lifted its position in shares of SPDR S&P Dividend ETF by 1,558.7% during the first quarter. Fifth Third Bancorp now owns 115,078 shares of the company’s stock valued at $16,794,000 after purchasing an additional 108,140 shares in the last quarter. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $154.81 on Friday. SPDR S&P Dividend ETF has a fifty-two week low of $135.30 and a fifty-two week high of $157.66. The stock has a market cap of $21.74 billion, a PE ratio of 19.85 and a beta of 0.69. The firm’s 50-day simple moving average is $151.02 and its 200 day simple moving average is $149.25.

SPDR S&P Dividend ETF 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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.