3,928 Shares in SPDR S&P Dividend ETF (NYSEARCA:SDY) Bought by Equitable Trust Co.

Equitable Trust Co. acquired a new stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,928 shares of the company’s stock, valued at approximately $519,000.

Other large investors also recently modified their holdings of the company. Ferguson Wellman Capital Management Inc. boosted its holdings in SPDR S&P Dividend ETF by 13.3% in the fourth quarter. Ferguson Wellman Capital Management Inc. now owns 20,782 shares of the company’s stock valued at $2,745,000 after purchasing an additional 2,432 shares during the last quarter. Activest Wealth Management increased its holdings in SPDR S&P Dividend ETF by 85.5% during the 4th quarter. Activest Wealth Management now owns 1,074 shares of the company’s stock worth $142,000 after purchasing an additional 495 shares during the last quarter. Kestra Private Wealth Services LLC raised its position in shares of SPDR S&P Dividend ETF by 2.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 25,102 shares of the company’s stock valued at $3,316,000 after purchasing an additional 680 shares in the last quarter. WCM Investment Management LLC purchased a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at approximately $813,000. Finally, Thompson Investment Management Inc. acquired a new stake in shares of SPDR S&P Dividend ETF during the fourth quarter worth approximately $264,000.

SPDR S&P Dividend ETF Trading Up 0.7 %

Shares of NYSEARCA:SDY opened at $134.44 on Wednesday. The firm has a market cap of $21.27 billion, a PE ratio of 19.72 and a beta of 0.68. The company has a fifty day simple moving average of $134.32 and a 200 day simple moving average of $137.54. SPDR S&P Dividend ETF has a 12-month low of $121.52 and a 12-month high of $144.45.

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.