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

Trust Co. of Vermont decreased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 13.3% during the fourth quarter, Holdings Channel reports. The fund owned 9,476 shares of the company’s stock after selling 1,457 shares during the period. Trust Co. of Vermont’s holdings in SPDR S&P Dividend ETF were worth $1,184,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SDY. Frazier Financial Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter worth approximately $27,000. Friedenthal Financial purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $29,000. Scarborough Advisors LLC purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $30,000. Tennessee Valley Asset Management Partners purchased a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter worth approximately $36,000. Finally, Cardiff Park Advisors LLC grew its stake in shares of SPDR S&P Dividend ETF by 43.9% in the 3rd quarter. Cardiff Park Advisors LLC now owns 328 shares of the company’s stock worth $38,000 after buying an additional 100 shares during the last quarter.

SPDR S&P Dividend ETF Stock Up 0.7 %

SPDR S&P Dividend ETF stock opened at $128.61 on Tuesday. The company has a market capitalization of $20.35 billion, a P/E ratio of 19.72 and a beta of 0.68. The stock’s 50 day moving average is $128.85 and its 200 day moving average is $126.51. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $132.49.

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.