Greenleaf Trust Sells 1,179 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Greenleaf Trust decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 59,778 shares of the company’s stock after selling 1,179 shares during the period. Greenleaf Trust’s holdings in SPDR S&P Dividend ETF were worth $8,491,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in SDY. Private Advisor Group LLC lifted its position in SPDR S&P Dividend ETF by 1.9% during the third quarter. Private Advisor Group LLC now owns 138,672 shares of the company’s stock valued at $19,718,000 after buying an additional 2,643 shares during the period. Waldron Private Wealth LLC purchased a new position in SPDR S&P Dividend ETF during the third quarter valued at $61,000. Signaturefd LLC lifted its position in SPDR S&P Dividend ETF by 5.6% during the third quarter. Signaturefd LLC now owns 6,147 shares of the company’s stock valued at $873,000 after buying an additional 324 shares during the period. Sequoia Financial Advisors LLC increased its holdings in shares of SPDR S&P Dividend ETF by 1.2% during the third quarter. Sequoia Financial Advisors LLC now owns 13,677 shares of the company’s stock valued at $1,943,000 after acquiring an additional 161 shares in the last quarter. Finally, Traphagen Investment Advisors LLC bought a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at $213,000.

SPDR S&P Dividend ETF Stock Down 0.0 %

Shares of NYSEARCA:SDY traded down $0.05 on Wednesday, hitting $141.37. 11,744 shares of the company traded hands, compared to its average volume of 286,455. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $144.06. The stock has a 50 day simple moving average of $139.85 and a 200-day simple moving average of $133.20. The company has a market cap of $22.36 billion, a PE ratio of 19.72 and a beta of 0.68.

About SPDR S&P Dividend ETF

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.