Trust Co. of Vermont Trims Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Trust Co. of Vermont decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.7% in the third quarter, Holdings Channel reports. The firm owned 10,816 shares of the company’s stock after selling 75 shares during the period. Trust Co. of Vermont’s holdings in SPDR S&P Dividend ETF were worth $1,536,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of SDY. Fisher Asset Management LLC bought a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter valued at about $385,000. NBC Securities Inc. increased its holdings in shares of SPDR S&P Dividend ETF by 4.0% in the 1st quarter. NBC Securities Inc. now owns 2,811 shares of the company’s stock valued at $368,000 after acquiring an additional 107 shares during the period. Marcum Wealth LLC raised its position in shares of SPDR S&P Dividend ETF by 6.4% in the 1st quarter. Marcum Wealth LLC now owns 2,464 shares of the company’s stock worth $323,000 after acquiring an additional 148 shares in the last quarter. International Assets Investment Management LLC lifted its stake in shares of SPDR S&P Dividend ETF by 2.1% during the 1st quarter. International Assets Investment Management LLC now owns 9,271 shares of the company’s stock worth $1,211,000 after purchasing an additional 193 shares during the last quarter. Finally, Salem Investment Counselors Inc. boosted its position in SPDR S&P Dividend ETF by 16.8% during the first quarter. Salem Investment Counselors Inc. now owns 2,780 shares of the company’s stock valued at $365,000 after purchasing an additional 400 shares in the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of SPDR S&P Dividend ETF stock opened at $143.68 on Friday. The company has a market capitalization of $22.73 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a 50-day simple moving average of $139.50 and a two-hundred day simple moving average of $132.97. SPDR S&P Dividend ETF has a one year low of $109.87 and a one year high of $144.06.

SPDR S&P Dividend ETF Company 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.