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

AMG National Trust Bank lessened its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,390 shares of the company’s stock after selling 100 shares during the period. AMG National Trust Bank’s holdings in SPDR S&P Dividend ETF were worth $1,192,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of SDY. International Assets Investment Management LLC grew its position in shares of SPDR S&P Dividend ETF by 13,497.7% in the third quarter. International Assets Investment Management LLC now owns 1,174,296 shares of the company’s stock valued at $166,797,000 after purchasing an additional 1,165,660 shares during the period. Cetera Investment Advisers increased its stake in shares of SPDR S&P Dividend ETF by 283.2% during the 1st quarter. Cetera Investment Advisers now owns 688,750 shares of the company’s stock valued at $90,392,000 after acquiring an additional 509,007 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 114.9% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 363,430 shares of the company’s stock worth $46,221,000 after acquiring an additional 194,290 shares during the period. Strategic Financial Concepts LLC boosted its position in shares of SPDR S&P Dividend ETF by 4,418.2% in the second quarter. Strategic Financial Concepts LLC now owns 88,692 shares of the company’s stock worth $11,280,000 after acquiring an additional 86,729 shares during the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in SPDR S&P Dividend ETF in the second quarter valued at approximately $10,044,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY stock opened at $139.72 on Wednesday. The firm has a market capitalization of $22.10 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company has a 50 day moving average price of $140.72 and a 200 day moving average price of $134.99. SPDR S&P Dividend ETF has a one year low of $117.25 and a one year high of $144.06.

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.