Bank of Jackson Hole Trust Acquires New Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Bank of Jackson Hole Trust acquired a new stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 6,620 shares of the company’s stock, valued at approximately $875,000.

A number of other large investors also recently bought and sold shares of SDY. Blue Trust Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 37.1% in the 3rd quarter. Blue Trust Inc. now owns 3,230 shares of the company’s stock worth $459,000 after buying an additional 874 shares during the period. Traphagen Investment Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter worth $213,000. Sequoia Financial Advisors LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 1.2% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 13,677 shares of the company’s stock worth $1,943,000 after buying an additional 161 shares during the period. Signaturefd LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 5.6% in the 3rd quarter. Signaturefd LLC now owns 6,147 shares of the company’s stock worth $873,000 after buying an additional 324 shares during the period. Finally, Waldron Private Wealth LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter worth $61,000.

SPDR S&P Dividend ETF Trading Up 0.6 %

Shares of SDY stock opened at $135.12 on Wednesday. SPDR S&P Dividend ETF has a twelve month low of $123.94 and a twelve month high of $144.45. The stock has a market capitalization of $21.38 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The stock has a fifty day simple moving average of $133.65 and a two-hundred day simple moving average of $137.53.

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.