Horizon Bancorp Inc. IN Sells 535 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Horizon Bancorp Inc. IN trimmed its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 23.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,746 shares of the company’s stock after selling 535 shares during the quarter. Horizon Bancorp Inc. IN’s holdings in SPDR S&P Dividend ETF were worth $229,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in SDY. J.W. Cole Advisors Inc. raised its stake in SPDR S&P Dividend ETF by 85.2% during the fourth quarter. J.W. Cole Advisors Inc. now owns 55,260 shares of the company’s stock valued at $6,906,000 after purchasing an additional 25,430 shares in the last quarter. Key Financial Inc lifted its holdings in shares of SPDR S&P Dividend ETF by 4.5% in the 4th quarter. Key Financial Inc now owns 4,209 shares of the company’s stock valued at $526,000 after acquiring an additional 180 shares during the last quarter. UBS Group AG grew its position in SPDR S&P Dividend ETF by 3.5% in the fourth quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after acquiring an additional 67,304 shares in the last quarter. Benjamin F. Edwards & Company Inc. increased its stake in SPDR S&P Dividend ETF by 9.9% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 18,512 shares of the company’s stock worth $2,313,000 after acquiring an additional 1,669 shares during the last quarter. Finally, Interchange Capital Partners LLC raised its position in SPDR S&P Dividend ETF by 5.6% during the fourth quarter. Interchange Capital Partners LLC now owns 5,624 shares of the company’s stock valued at $703,000 after purchasing an additional 298 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY traded down $0.14 during trading on Thursday, hitting $126.39. The company had a trading volume of 344,904 shares, compared to its average volume of 332,618. The stock has a market cap of $19.99 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. The company has a fifty day simple moving average of $129.06 and a two-hundred day simple moving average of $126.95. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $132.49.

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.