SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by FineMark National Bank & Trust

FineMark National Bank & Trust lowered its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,004 shares of the company’s stock after selling 405 shares during the period. FineMark National Bank & Trust’s holdings in SPDR S&P Dividend ETF were worth $3,171,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Raymond James Financial Inc. acquired a new stake in SPDR S&P Dividend ETF in the fourth quarter valued at $397,657,000. LPL Financial LLC grew its stake in SPDR S&P Dividend ETF by 2.1% in the 4th quarter. LPL Financial LLC now owns 2,861,694 shares of the company’s stock valued at $378,030,000 after acquiring an additional 59,001 shares during the last quarter. Joel Isaacson & Co. LLC increased its holdings in SPDR S&P Dividend ETF by 2.2% during the 4th quarter. Joel Isaacson & Co. LLC now owns 2,516,645 shares of the company’s stock valued at $332,449,000 after acquiring an additional 54,648 shares in the last quarter. Commonwealth Equity Services LLC raised its position in SPDR S&P Dividend ETF by 2.8% during the fourth quarter. Commonwealth Equity Services LLC now owns 1,103,945 shares of the company’s stock worth $145,831,000 after acquiring an additional 30,488 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock valued at $147,161,000 after purchasing an additional 122,858 shares in the last quarter.

SPDR S&P Dividend ETF Price Performance

SDY stock opened at $133.68 on Wednesday. The company’s 50 day simple moving average is $135.06 and its 200-day simple moving average is $137.49. SPDR S&P Dividend ETF has a 12 month low of $124.37 and a 12 month high of $144.45. The firm has a market capitalization of $19.89 billion, a PE ratio of 20.91 and a beta of 0.87.

SPDR S&P Dividend ETF Dividend Announcement

The business also recently announced a dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.8184 per share. The ex-dividend date is Monday, March 24th.

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.