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

FineMark National Bank & Trust reduced its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.9% during the 4th quarter, Holdings Channel reports. The fund owned 24,611 shares of the company’s stock after selling 212 shares during the period. FineMark National Bank & Trust’s holdings in SPDR S&P Dividend ETF were worth $3,076,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the business. Grimes & Company Inc. grew its holdings in shares of SPDR S&P Dividend ETF by 1.6% in the fourth quarter. Grimes & Company Inc. now owns 5,402 shares of the company’s stock valued at $675,000 after purchasing an additional 84 shares in the last quarter. PFG Investments LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.0% during the 4th quarter. PFG Investments LLC now owns 8,451 shares of the company’s stock valued at $1,056,000 after acquiring an additional 86 shares during the period. PDS Planning Inc raised its position in shares of SPDR S&P Dividend ETF by 0.6% during the 4th quarter. PDS Planning Inc now owns 16,889 shares of the company’s stock worth $2,111,000 after purchasing an additional 97 shares during the last quarter. Cardiff Park Advisors LLC grew its stake in SPDR S&P Dividend ETF by 43.9% in the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock worth $38,000 after acquiring an additional 100 shares during the period. Finally, Coston McIsaac & Partners grew its stake in shares of SPDR S&P Dividend ETF by 0.7% during the 4th quarter. Coston McIsaac & Partners now owns 14,867 shares of the company’s stock valued at $1,858,000 after buying an additional 110 shares during the period.

SPDR S&P Dividend ETF Stock Up 0.2 %

Shares of NYSEARCA SDY traded up $0.25 during trading on Friday, hitting $129.41. 330,411 shares of the company traded hands, compared to its average volume of 354,900. The company has a 50-day moving average price of $129.00 and a 200-day moving average price of $125.00. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $132.49. The firm has a market capitalization of $20.47 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.