Bank OZK Sells 1,006 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Bank OZK trimmed its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,538 shares of the company’s stock after selling 1,006 shares during the period. Bank OZK’s holdings in SPDR S&P Dividend ETF were worth $1,567,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently made changes to their positions in the business. Royal Bank of Canada raised its holdings in shares of SPDR S&P Dividend ETF by 0.4% in the third quarter. Royal Bank of Canada now owns 2,644,815 shares of the company’s stock valued at $304,180,000 after purchasing an additional 10,757 shares during the last quarter. Joel Isaacson & Co. LLC raised its holdings in shares of SPDR S&P Dividend ETF by 1.5% in the third quarter. Joel Isaacson & Co. LLC now owns 2,370,763 shares of the company’s stock valued at $272,661,000 after purchasing an additional 35,608 shares during the last quarter. Raymond James & Associates raised its holdings in shares of SPDR S&P Dividend ETF by 1.5% in the fourth quarter. Raymond James & Associates now owns 2,332,268 shares of the company’s stock valued at $291,463,000 after purchasing an additional 34,564 shares during the last quarter. J.P. Morgan Private Wealth Advisors LLC raised its holdings in shares of SPDR S&P Dividend ETF by 18.6% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 1,478,260 shares of the company’s stock valued at $170,015,000 after purchasing an additional 231,382 shares during the last quarter. Finally, International Assets Investment Management LLC raised its holdings in shares of SPDR S&P Dividend ETF by 10,945.4% in the fourth quarter. International Assets Investment Management LLC now owns 1,134,468 shares of the company’s stock valued at $141,774,000 after purchasing an additional 1,124,197 shares during the last quarter.

SPDR S&P Dividend ETF Price Performance

Shares of SDY stock traded down $0.41 on Friday, hitting $127.49. The stock had a trading volume of 151,305 shares, compared to its average volume of 379,128. SPDR S&P Dividend ETF has a 12-month low of $109.87 and a 12-month high of $131.67. The business has a 50 day moving average of $127.56 and a 200 day moving average of $122.72. The stock has a market cap of $20.28 billion, a price-to-earnings ratio of 19.41 and a beta of 0.73.

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.