Haverford Trust Co Has $1.66 Million Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Haverford Trust Co decreased its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.7% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 12,583 shares of the company’s stock after selling 2,345 shares during the period. Haverford Trust Co’s holdings in SPDR S&P Dividend ETF were worth $1,662,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Congress Wealth Management LLC DE lifted its holdings in SPDR S&P Dividend ETF by 4.9% in the fourth quarter. Congress Wealth Management LLC DE now owns 30,964 shares of the company’s stock valued at $4,090,000 after buying an additional 1,440 shares during the period. LPL Financial LLC lifted its stake in shares of SPDR S&P Dividend ETF by 2.1% in the 4th quarter. LPL Financial LLC now owns 2,861,694 shares of the company’s stock valued at $378,030,000 after purchasing an additional 59,001 shares during the period. Intellus Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $739,000. Lee Danner & Bass Inc. bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $125,000. Finally, Kiker Wealth Management LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter worth approximately $93,000.

SPDR S&P Dividend ETF Stock Performance

Shares of SDY opened at $134.38 on Tuesday. The firm has a market cap of $20.00 billion, a PE ratio of 20.91 and a beta of 0.87. SPDR S&P Dividend ETF has a 52-week low of $124.37 and a 52-week high of $144.45. The business’s 50 day moving average price is $135.01 and its two-hundred day moving average price is $137.52.

SPDR S&P Dividend ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th will be paid a $0.8184 dividend. The ex-dividend date is 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.