SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by National Bank of Canada FI

National Bank of Canada FI lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 108,461 shares of the company’s stock after selling 2,180 shares during the quarter. National Bank of Canada FI owned about 0.07% of SPDR S&P Dividend ETF worth $13,649,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SDY. Fifth Third Securities Inc. increased its stake in SPDR S&P Dividend ETF by 7.9% during the second quarter. Fifth Third Securities Inc. now owns 12,567 shares of the company’s stock worth $1,598,000 after acquiring an additional 922 shares during the last quarter. UBS Group AG increased its stake in SPDR S&P Dividend ETF by 3.5% during the fourth quarter. UBS Group AG now owns 1,993,538 shares of the company’s stock worth $249,132,000 after acquiring an additional 67,304 shares during the last quarter. LRI Investments LLC acquired a new stake in SPDR S&P Dividend ETF during the first quarter worth $492,000. TD Capital Management LLC increased its stake in SPDR S&P Dividend ETF by 50.6% during the fourth quarter. TD Capital Management LLC now owns 780 shares of the company’s stock worth $97,000 after acquiring an additional 262 shares during the last quarter. Finally, GM Advisory Group LLC acquired a new stake in SPDR S&P Dividend ETF during the fourth quarter worth $255,000.

SPDR S&P Dividend ETF Stock Down 0.6 %

SDY stock opened at $137.72 on Friday. The business has a fifty day moving average of $133.50 and a two-hundred day moving average of $130.23. The stock has a market cap of $21.79 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52-week low of $109.87 and a 52-week high of $140.15.

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.