SPDR S&P Dividend ETF (NYSEARCA:SDY) Holdings Reduced by Indiana Trust & Investment Management Co

Indiana Trust & Investment Management Co lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.1% during the 4th quarter, Holdings Channel.com reports. The firm owned 3,705 shares of the company’s stock after selling 285 shares during the quarter. Indiana Trust & Investment Management Co’s holdings in SPDR S&P Dividend ETF were worth $489,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $31,000. JNBA Financial Advisors acquired a new position in SPDR S&P Dividend ETF during the 3rd quarter worth $32,000. Assetmark Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 192.0% during the third quarter. Assetmark Inc. now owns 254 shares of the company’s stock valued at $36,000 after purchasing an additional 167 shares during the period. Strategic Investment Solutions Inc. IL increased its holdings in shares of SPDR S&P Dividend ETF by 113.8% during the third quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock valued at $37,000 after purchasing an additional 140 shares during the period. Finally, ST Germain D J Co. Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at about $38,000.

SPDR S&P Dividend ETF Stock Up 0.7 %

Shares of SDY opened at $134.44 on Wednesday. The firm has a market capitalization of $21.27 billion, a PE ratio of 19.72 and a beta of 0.68. The firm has a 50-day moving average price of $134.32 and a 200 day moving average price of $137.54. SPDR S&P Dividend ETF has a 52-week low of $121.52 and a 52-week high of $144.45.

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.