Canandaigua National Bank & Trust Co. Has $3.81 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Canandaigua National Bank & Trust Co. grew its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 5.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 28,857 shares of the company’s stock after purchasing an additional 1,363 shares during the period. Canandaigua National Bank & Trust Co.’s holdings in SPDR S&P Dividend ETF were worth $3,812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SDY. JPMorgan Chase & Co. boosted its holdings in SPDR S&P Dividend ETF by 13.5% in the third quarter. JPMorgan Chase & Co. now owns 1,036,050 shares of the company’s stock worth $147,161,000 after acquiring an additional 122,858 shares in the last quarter. Franklin Resources Inc. raised its position in shares of SPDR S&P Dividend ETF by 2.2% during the third quarter. Franklin Resources Inc. now owns 57,428 shares of the company’s stock worth $8,189,000 after purchasing an additional 1,222 shares during the period. Synovus Financial Corp lifted its holdings in shares of SPDR S&P Dividend ETF by 88.6% in the 3rd quarter. Synovus Financial Corp now owns 89,572 shares of the company’s stock worth $12,723,000 after purchasing an additional 42,078 shares in the last quarter. Destination Wealth Management grew its position in SPDR S&P Dividend ETF by 0.3% in the 3rd quarter. Destination Wealth Management now owns 700,423 shares of the company’s stock valued at $99,488,000 after purchasing an additional 2,366 shares during the period. Finally, World Investment Advisors LLC increased its stake in SPDR S&P Dividend ETF by 418.3% during the 3rd quarter. World Investment Advisors LLC now owns 25,703 shares of the company’s stock valued at $3,651,000 after purchasing an additional 20,744 shares in the last quarter.

SPDR S&P Dividend ETF Stock Down 0.8 %

SDY traded down $1.11 during trading on Monday, hitting $130.74. 439,002 shares of the company’s stock were exchanged, compared to its average volume of 348,237. The stock has a market cap of $20.68 billion, a P/E ratio of 19.72 and a beta of 0.68. The business’s 50 day moving average is $138.44 and its two-hundred day moving average is $136.82. SPDR S&P Dividend ETF has a fifty-two week low of $121.52 and a fifty-two week high of $144.45.

About SPDR S&P Dividend ETF

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.