Equitable Trust Co. Acquires Shares of 3,928 SPDR S&P Dividend ETF (NYSEARCA:SDY)

Equitable Trust Co. bought a new position in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,928 shares of the company’s stock, valued at approximately $519,000.

A number of other institutional investors have also made changes to their positions in the company. Capital Performance Advisors LLP acquired a new stake in SPDR S&P Dividend ETF during the third quarter worth about $31,000. JNBA Financial Advisors bought a new position in shares of SPDR S&P Dividend ETF during the third quarter valued at approximately $32,000. Assetmark Inc. raised its position in shares of SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period. Strategic Investment Solutions Inc. IL lifted its holdings in shares of SPDR S&P Dividend ETF by 113.8% in the 3rd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $37,000 after purchasing an additional 140 shares during the last quarter. Finally, ST Germain D J Co. Inc. acquired a new position in SPDR S&P Dividend ETF during the 4th quarter valued at approximately $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of SDY opened at $134.44 on Wednesday. SPDR S&P Dividend ETF has a 12 month low of $121.52 and a 12 month high of $144.45. The stock has a fifty day moving average price of $134.32 and a 200 day moving average price of $137.54. The company has a market cap of $21.27 billion, a P/E ratio of 19.72 and a beta of 0.68.

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.