First Citizens Bank & Trust Co. Sells 435 Shares of SPDR S&P Dividend ETF $SDY

First Citizens Bank & Trust Co. trimmed its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 12.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,012 shares of the company’s stock after selling 435 shares during the period. First Citizens Bank & Trust Co.’s holdings in SPDR S&P Dividend ETF were worth $409,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Cambridge Capital Management LLC bought a new position in SPDR S&P Dividend ETF during the second quarter valued at about $972,000. Principle Wealth Partners LLC grew its stake in shares of SPDR S&P Dividend ETF by 10.9% in the 2nd quarter. Principle Wealth Partners LLC now owns 19,913 shares of the company’s stock valued at $2,703,000 after purchasing an additional 1,950 shares during the period. Caliber Wealth Management LLC KS grew its stake in shares of SPDR S&P Dividend ETF by 66.6% in the 2nd quarter. Caliber Wealth Management LLC KS now owns 3,411 shares of the company’s stock valued at $463,000 after purchasing an additional 1,364 shares during the period. Fiduciary Family Office LLC grew its stake in shares of SPDR S&P Dividend ETF by 4.0% in the 2nd quarter. Fiduciary Family Office LLC now owns 3,151 shares of the company’s stock valued at $428,000 after purchasing an additional 122 shares during the period. Finally, Liberty One Investment Management LLC grew its stake in shares of SPDR S&P Dividend ETF by 0.7% in the 2nd quarter. Liberty One Investment Management LLC now owns 18,179 shares of the company’s stock valued at $2,467,000 after purchasing an additional 130 shares during the period. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Trading Up 0.1%

SDY stock opened at $139.59 on Monday. SPDR S&P Dividend ETF has a 1-year low of $119.83 and a 1-year high of $144.45. The firm has a market cap of $20.09 billion, a P/E ratio of 19.85 and a beta of 0.86. The business’s 50 day moving average is $140.03 and its 200-day moving average is $136.80.

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.