Greenleaf Trust Reduces Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Greenleaf Trust cut its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 63,814 shares of the company’s stock after selling 10,273 shares during the quarter. Greenleaf Trust’s holdings in SPDR S&P Dividend ETF were worth $7,975,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Grimes & Company Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 1.6% during the 4th quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock worth $675,000 after purchasing an additional 84 shares during the period. PFG Investments LLC increased its position in shares of SPDR S&P Dividend ETF by 1.0% in the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after purchasing an additional 86 shares during the last quarter. My Legacy Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 1.4% in the 3rd quarter. My Legacy Advisors LLC now owns 6,614 shares of the company’s stock valued at $745,000 after purchasing an additional 93 shares in the last quarter. PPS&V Asset Management Consultants Inc. lifted its position in shares of SPDR S&P Dividend ETF by 0.8% during the 3rd quarter. PPS&V Asset Management Consultants Inc. now owns 12,365 shares of the company’s stock worth $1,422,000 after purchasing an additional 97 shares during the last quarter. Finally, GEM Asset Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 2.6% during the third quarter. GEM Asset Management LLC now owns 3,891 shares of the company’s stock worth $448,000 after purchasing an additional 99 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 0.9 %

SPDR S&P Dividend ETF stock traded up $1.14 during midday trading on Friday, reaching $126.79. The company’s stock had a trading volume of 219,807 shares, compared to its average volume of 390,683. The company has a market cap of $20.17 billion, a P/E ratio of 19.41 and a beta of 0.73. The business has a 50-day simple moving average of $127.06 and a 200-day simple moving average of $122.12. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67.

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.