NBT Bank N.A. Acquires New Holdings in SPDR S&P Dividend ETF $SDY

NBT Bank N.A. acquired a new position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) during the 3rd quarter, Holdings Channel reports. The fund acquired 81,028 shares of the company’s stock, valued at approximately $11,869,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Integrated Wealth Concepts LLC raised its position in shares of SPDR S&P Dividend ETF by 57.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 35,846 shares of the company’s stock valued at $5,455,000 after buying an additional 13,121 shares in the last quarter. PFG Investments LLC grew its position in SPDR S&P Dividend ETF by 15.1% in the first quarter. PFG Investments LLC now owns 24,762 shares of the company’s stock worth $3,614,000 after acquiring an additional 3,243 shares in the last quarter. NWF Advisory Services Inc. grew its position in SPDR S&P Dividend ETF by 3.3% in the second quarter. NWF Advisory Services Inc. now owns 183,880 shares of the company’s stock worth $27,983,000 after acquiring an additional 5,851 shares in the last quarter. Parallel Advisors LLC grew its position in SPDR S&P Dividend ETF by 165.3% in the first quarter. Parallel Advisors LLC now owns 6,864 shares of the company’s stock worth $1,002,000 after acquiring an additional 4,277 shares in the last quarter. Finally, Calamos Advisors LLC purchased a new position in SPDR S&P Dividend ETF in the first quarter worth about $1,058,000. 43.42% of the stock is currently owned by institutional investors.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $159.94 on Friday. The business’s 50 day moving average is $153.28 and its two-hundred day moving average is $152.05. SPDR S&P Dividend ETF has a 1-year low of $135.30 and a 1-year high of $160.29. The stock has a market capitalization of $22.19 billion, a P/E ratio of 19.85 and a beta of 0.69.

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.