CENTRAL TRUST Co Decreases Stock Position in SPDR S&P Dividend ETF $SDY

CENTRAL TRUST Co lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 31.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,436 shares of the company’s stock after selling 12,170 shares during the period. CENTRAL TRUST Co’s holdings in SPDR S&P Dividend ETF were worth $3,702,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. CVA Family Office LLC boosted its stake in shares of SPDR S&P Dividend ETF by 60.0% during the third quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after purchasing an additional 75 shares during the period. Flagship Wealth Advisors LLC grew its holdings in SPDR S&P Dividend ETF by 625.0% in the 3rd quarter. Flagship Wealth Advisors LLC now owns 203 shares of the company’s stock worth $28,000 after acquiring an additional 175 shares during the last quarter. Compass Financial Services Inc purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at about $29,000. Global Wealth Strategies & Associates boosted its holdings in shares of SPDR S&P Dividend ETF by 985.0% during the third quarter. Global Wealth Strategies & Associates now owns 217 shares of the company’s stock worth $30,000 after purchasing an additional 197 shares during the period. Finally, Total Investment Management Inc. bought a new stake in shares of SPDR S&P Dividend ETF in the second quarter worth about $43,000. 43.42% of the stock is owned by hedge funds and other institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $155.25 on Friday. The stock’s 50-day moving average is $144.82 and its 200 day moving average is $141.20. The company has a market cap of $22.01 billion, a PE ratio of 19.85 and a beta of 0.79. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $156.06.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.