SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Sold by West Bancorporation Inc.

by · The Cerbat Gem

West Bancorporation Inc. lessened its stake in SPDR S&P Dividend ETF (NYSEARCA:SDY – Free Report) by 19.2% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,685 shares of the company’s stock after selling 1,822 shares during the period. West Bancorporation Inc.’s holdings in SPDR S&P Dividend ETF were worth $884,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Barclays PLC acquired a new position in SPDR S&P Dividend ETF during the 1st quarter worth approximately $25,000. Russell Investments Group Ltd. acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $27,000. Live Oak Investment Partners acquired a new position in SPDR S&P Dividend ETF during the 4th quarter worth approximately $34,000. Archer Investment Corp acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $38,000. Finally, West Tower Group LLC acquired a new position in SPDR S&P Dividend ETF during the 2nd quarter worth approximately $38,000.

SPDR S&P Dividend ETF Stock Down 0.5 %

Shares of SDY traded down $0.64 on Thursday, reaching $123.82. The stock had a trading volume of 295,882 shares, compared to its average volume of 516,268. The firm has a market capitalization of $22.04 billion, a PE ratio of 14.72 and a beta of 0.86. The firm has a 50-day moving average of $120.77 and a 200 day moving average of $120.12. SPDR S&P Dividend ETF has a twelve month low of $109.87 and a twelve month high of $132.50.

SPDR S&P Dividend ETF Profile

(Free Report)

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.

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