TD Waterhouse Canada Inc. Cuts Stock Position in SPDR S&P Dividend ETF $SDY

TD Waterhouse Canada Inc. lessened its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 63.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,779 shares of the company’s stock after selling 55,516 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in SPDR S&P Dividend ETF were worth $4,864,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SDY. Godsey & Gibb Inc. grew its holdings in SPDR S&P Dividend ETF by 4.0% in the first quarter. Godsey & Gibb Inc. now owns 1,838 shares of the company’s stock worth $268,000 after purchasing an additional 70 shares during the last quarter. Ritholtz Wealth Management lifted its holdings in shares of SPDR S&P Dividend ETF by 1.3% during the 1st quarter. Ritholtz Wealth Management now owns 5,534 shares of the company’s stock valued at $808,000 after purchasing an additional 71 shares during the last quarter. Golden State Wealth Management LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 0.8% during the 4th quarter. Golden State Wealth Management LLC now owns 8,619 shares of the company’s stock valued at $1,199,000 after purchasing an additional 71 shares during the last quarter. Bangor Savings Bank boosted its position in shares of SPDR S&P Dividend ETF by 5.6% in the 2nd quarter. Bangor Savings Bank now owns 1,481 shares of the company’s stock worth $225,000 after purchasing an additional 79 shares in the last quarter. Finally, Pittenger & Anderson Inc. boosted its position in shares of SPDR S&P Dividend ETF by 3.9% in the 1st quarter. Pittenger & Anderson Inc. now owns 2,136 shares of the company’s stock worth $312,000 after purchasing an additional 80 shares in the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock opened at $155.89 on Monday. The stock’s fifty day moving average price is $156.07 and its 200 day moving average price is $151.73. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29. The company has a market cap of $23.60 billion, a price-to-earnings ratio of 19.85 and a beta of 0.69.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.