Canandaigua National Bank & Trust Co. Has $3.81 Million Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Canandaigua National Bank & Trust Co. raised its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,857 shares of the company’s stock after buying an additional 1,363 shares during the quarter. Canandaigua National Bank & Trust Co.’s holdings in SPDR S&P Dividend ETF were worth $3,812,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Capital Performance Advisors LLP bought a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth $31,000. JNBA Financial Advisors acquired a new stake in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $32,000. Assetmark Inc. grew its holdings 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 valued at $36,000 after purchasing an additional 167 shares during the last quarter. Strategic Investment Solutions Inc. IL increased its position in SPDR S&P Dividend ETF by 113.8% during 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 in the last quarter. Finally, Darwin Wealth Management LLC bought a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at approximately $41,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY traded down $1.11 during trading hours on Monday, reaching $130.74. The stock had a trading volume of 439,002 shares, compared to its average volume of 348,237. 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 market capitalization of $20.68 billion, a PE ratio of 19.72 and a beta of 0.68. The company’s 50-day moving average is $138.44 and its two-hundred day moving average is $136.82.

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.