Greenleaf Trust Decreases Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Greenleaf Trust trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. 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 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently bought and sold shares of SDY. Barclays PLC purchased a new stake in shares of SPDR S&P Dividend ETF in the first quarter worth approximately $25,000. Russell Investments Group Ltd. bought a new stake in shares of SPDR S&P Dividend ETF during the second quarter worth $27,000. Friedenthal Financial purchased a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter valued at $29,000. Live Oak Investment Partners bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter worth about $34,000. Finally, Tennessee Valley Asset Management Partners bought a new stake in SPDR S&P Dividend ETF during the 4th quarter valued at about $36,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY traded up $1.14 during trading on Friday, reaching $126.79. 219,807 shares of the company were exchanged, compared to its average volume of 390,683. The business’s fifty day simple moving average is $127.06 and its 200-day simple moving average is $122.12. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67. The firm has a market capitalization of $20.17 billion, a PE ratio of 19.41 and a beta of 0.73.

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.