Martin Capital Partners LLC Has $294,000 Stake in SPDR S&P Dividend ETF (SDY)

Martin Capital Partners LLC lessened its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 38.4% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,961 shares of the company’s stock after selling 1,849 shares during the period. Martin Capital Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $294,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of SDY. Bank of America Corp DE lifted its holdings in shares of SPDR S&P Dividend ETF by 37.3% during the 4th quarter. Bank of America Corp DE now owns 7,845,033 shares of the company’s stock valued at $702,287,000 after purchasing an additional 2,131,995 shares during the last quarter. Ellis Investment Partners LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 9,850.3% during the 1st quarter. Ellis Investment Partners LLC now owns 850,451 shares of the company’s stock valued at $850,000 after purchasing an additional 841,904 shares during the last quarter. Venturi Wealth Management LLC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter valued at $43,779,000. Suntrust Banks Inc. lifted its holdings in shares of SPDR S&P Dividend ETF by 27.5% during the 4th quarter. Suntrust Banks Inc. now owns 1,803,562 shares of the company’s stock valued at $161,455,000 after purchasing an additional 389,347 shares during the last quarter. Finally, BB&T Securities LLC lifted its holdings in shares of SPDR S&P Dividend ETF by 602.6% during the 4th quarter. BB&T Securities LLC now owns 437,679 shares of the company’s stock valued at $39,180,000 after purchasing an additional 375,384 shares during the last quarter.

NYSEARCA SDY opened at $98.96 on Monday. SPDR S&P Dividend ETF has a fifty-two week low of $84.28 and a fifty-two week high of $101.92.

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SPDR S&P Dividend ETF 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.

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Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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