SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by Ledyard National Bank

Ledyard National Bank lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 13,231 shares of the company’s stock after selling 776 shares during the period. Ledyard National Bank’s holdings in SPDR S&P Dividend ETF were worth $1,748,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC grew its stake in SPDR S&P Dividend ETF by 23.4% during the 3rd quarter. GAMMA Investing LLC now owns 2,326 shares of the company’s stock worth $330,000 after buying an additional 441 shares during the last quarter. City Holding Co. boosted its holdings in shares of SPDR S&P Dividend ETF by 16.6% in the third quarter. City Holding Co. now owns 1,894 shares of the company’s stock valued at $269,000 after acquiring an additional 270 shares during the period. Wedmont Private Capital grew its position in shares of SPDR S&P Dividend ETF by 4.0% during the third quarter. Wedmont Private Capital now owns 4,178 shares of the company’s stock worth $584,000 after acquiring an additional 160 shares during the last quarter. Sanibel Captiva Trust Company Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 34.8% in the 3rd quarter. Sanibel Captiva Trust Company Inc. now owns 11,016 shares of the company’s stock valued at $1,565,000 after acquiring an additional 2,845 shares during the period. Finally, Hyperion Partners LLC raised its position in SPDR S&P Dividend ETF by 5.4% in the 3rd quarter. Hyperion Partners LLC now owns 185,217 shares of the company’s stock valued at $26,308,000 after purchasing an additional 9,528 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $133.60 on Friday. The company has a market capitalization of $21.14 billion, a P/E ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $121.52 and a 1 year high of $144.45. The company’s fifty day moving average is $134.94 and its two-hundred day moving average is $137.47.

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.