Centennial Bank AR Has $5.14 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Centennial Bank AR cut its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,385 shares of the company’s stock after selling 713 shares during the quarter. SPDR S&P Dividend ETF accounts for 2.5% of Centennial Bank AR’s holdings, making the stock its 9th largest position. Centennial Bank AR’s holdings in SPDR S&P Dividend ETF were worth $5,136,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SDY. Riggs Asset Managment Co. Inc. raised its stake in SPDR S&P Dividend ETF by 76.8% in the first quarter. Riggs Asset Managment Co. Inc. now owns 221 shares of the company’s stock valued at $29,000 after purchasing an additional 96 shares in the last quarter. Scarborough Advisors LLC bought a new position in SPDR S&P Dividend ETF in the 4th quarter valued at about $30,000. Farmers & Merchants Investments Inc. bought a new position in SPDR S&P Dividend ETF in the 1st quarter valued at about $33,000. Russell Investments Group Ltd. raised its position in shares of SPDR S&P Dividend ETF by 101.6% in the 1st quarter. Russell Investments Group Ltd. now owns 252 shares of the company’s stock valued at $33,000 after buying an additional 127 shares in the last quarter. Finally, Opal Wealth Advisors LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 2nd quarter worth approximately $34,000.

SPDR S&P Dividend ETF Trading Down 0.1 %

NYSEARCA SDY opened at $141.89 on Wednesday. The firm’s 50 day simple moving average is $137.35 and its 200 day simple moving average is $131.91. The firm has a market capitalization of $22.45 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 1 year low of $109.87 and a 1 year high of $142.62.

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.