National Bank of Canada FI Reduces Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

National Bank of Canada FI lowered its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 9.1% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 89,618 shares of the company’s stock after selling 8,973 shares during the quarter. National Bank of Canada FI owned approximately 0.06% of SPDR S&P Dividend ETF worth $11,839,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. N.E.W. Advisory Services LLC lifted its position in shares of SPDR S&P Dividend ETF by 1.1% in the fourth quarter. N.E.W. Advisory Services LLC now owns 6,916 shares of the company’s stock valued at $914,000 after acquiring an additional 76 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its stake in shares of SPDR S&P Dividend ETF by 4.9% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 1,617 shares of the company’s stock worth $214,000 after purchasing an additional 76 shares during the last quarter. Good Life Advisors LLC boosted its stake in shares of SPDR S&P Dividend ETF by 1.4% during the 4th quarter. Good Life Advisors LLC now owns 5,665 shares of the company’s stock worth $748,000 after purchasing an additional 79 shares during the last quarter. Rebalance LLC grew its holdings in shares of SPDR S&P Dividend ETF by 0.8% during the fourth quarter. Rebalance LLC now owns 10,955 shares of the company’s stock worth $1,447,000 after buying an additional 85 shares in the last quarter. Finally, Smart Money Group LLC raised its position in shares of SPDR S&P Dividend ETF by 0.7% in the fourth quarter. Smart Money Group LLC now owns 12,547 shares of the company’s stock valued at $1,658,000 after buying an additional 86 shares during the last quarter.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA SDY opened at $125.88 on Friday. The firm has a market cap of $18.69 billion, a P/E ratio of 20.96 and a beta of 0.80. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The firm’s 50 day moving average price is $135.08 and its 200 day moving average price is $137.20.

SPDR S&P Dividend ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were given a $0.8184 dividend. The ex-dividend date was Monday, March 24th.

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.