Saxon Interests Inc. Sells 767 Shares of SPDR S&P Dividend ETF (NYSEARCA:SDY)

Saxon Interests Inc. lessened its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 12.9% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,163 shares of the company’s stock after selling 767 shares during the quarter. Saxon Interests Inc.’s holdings in SPDR S&P Dividend ETF were worth $733,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of the business. City Holding Co. grew its stake in SPDR S&P Dividend ETF by 16.6% in the 3rd quarter. City Holding Co. now owns 1,894 shares of the company’s stock valued at $269,000 after buying an additional 270 shares in the last quarter. Financial Synergies Wealth Advisors Inc. bought a new position in shares of SPDR S&P Dividend ETF in the third quarter worth $213,000. Axiom Advisory LLC boosted its holdings in shares of SPDR S&P Dividend ETF by 2.1% in the third quarter. Axiom Advisory LLC now owns 52,687 shares of the company’s stock worth $7,122,000 after acquiring an additional 1,095 shares during the period. Greenfield Savings Bank purchased a new position in shares of SPDR S&P Dividend ETF in the third quarter valued at $211,000. Finally, Diversified Trust Co raised its stake in shares of SPDR S&P Dividend ETF by 4.6% during the 3rd quarter. Diversified Trust Co now owns 9,600 shares of the company’s stock valued at $1,364,000 after purchasing an additional 426 shares during the period.

SPDR S&P Dividend ETF Stock Performance

NYSEARCA SDY traded up $0.53 during trading hours on Wednesday, hitting $140.42. The company had a trading volume of 57,796 shares, compared to its average volume of 293,980. The firm has a market capitalization of $22.21 billion, a price-to-earnings ratio of 19.72 and a beta of 0.68. SPDR S&P Dividend ETF has a 52 week low of $109.87 and a 52 week high of $142.62. The firm has a 50 day simple moving average of $138.07 and a 200 day simple moving average of $132.33.

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.