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

Ledyard National Bank reduced its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 17,209 shares of the company’s stock after selling 1,298 shares during the period. Ledyard National Bank’s holdings in SPDR S&P Dividend ETF were worth $2,151,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Friedenthal Financial purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth about $29,000. Tennessee Valley Asset Management Partners purchased a new position in SPDR S&P Dividend ETF in the 4th quarter worth about $36,000. Cardiff Park Advisors LLC increased 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 purchasing an additional 100 shares in the last quarter. Assetmark Inc. boosted its position in SPDR S&P Dividend ETF by 428.6% during the 3rd quarter. Assetmark Inc. now owns 370 shares of the company’s stock worth $43,000 after acquiring an additional 300 shares during the period. Finally, West Oak Capital LLC acquired a new stake in SPDR S&P Dividend ETF during the 4th quarter worth about $53,000.

SPDR S&P Dividend ETF Trading Up 0.7 %

NYSEARCA SDY traded up $0.87 during trading on Monday, reaching $128.36. 212,621 shares of the company’s stock were exchanged, compared to its average volume of 377,098. SPDR S&P Dividend ETF has a fifty-two week low of $109.87 and a fifty-two week high of $131.67. The firm has a market capitalization of $20.42 billion, a PE ratio of 19.41 and a beta of 0.73. The company’s fifty day simple moving average is $127.64 and its 200-day simple moving average is $122.94.

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.