Union Savings Bank Has $1.92 Million Stock Holdings in SPDR S&P Dividend ETF $SDY

Union Savings Bank lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 4.2% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 14,030 shares of the company’s stock after selling 618 shares during the period. SPDR S&P Dividend ETF accounts for about 0.9% of Union Savings Bank’s portfolio, making the stock its 20th largest position. Union Savings Bank’s holdings in SPDR S&P Dividend ETF were worth $1,922,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of SDY. PNC Financial Services Group Inc. grew its stake in shares of SPDR S&P Dividend ETF by 35.0% in the 2nd quarter. PNC Financial Services Group Inc. now owns 574,419 shares of the company’s stock valued at $77,966,000 after buying an additional 148,984 shares during the period. Midwest Trust Co acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $15,319,000. Joel Isaacson & Co. LLC boosted its holdings in SPDR S&P Dividend ETF by 3.4% in the second quarter. Joel Isaacson & Co. LLC now owns 2,644,937 shares of the company’s stock worth $358,997,000 after acquiring an additional 86,679 shares in the last quarter. Confluence Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF in the second quarter valued at approximately $10,216,000. Finally, Jones Financial Companies Lllp grew its stake in SPDR S&P Dividend ETF by 29.0% in the first quarter. Jones Financial Companies Lllp now owns 331,634 shares of the company’s stock valued at $44,587,000 after acquiring an additional 74,616 shares during the period. 43.42% of the stock is owned by institutional investors.

SPDR S&P Dividend ETF Trading Down 0.3%

SPDR S&P Dividend ETF stock opened at $138.22 on Friday. 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 capitalization of $19.88 billion, a price-to-earnings ratio of 19.85 and a beta of 0.79. The firm’s fifty day moving average price is $138.98 and its two-hundred day moving average price is $137.65.

About SPDR S&P Dividend ETF

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.