Citigroup Inc. Has $7.18 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Citigroup Inc. decreased its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 72,233 shares of the company’s stock after selling 180 shares during the quarter. Citigroup Inc.’s holdings in SPDR S&P Dividend ETF were worth $7,181,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in SDY. Bank of America Corp DE raised its position in shares of SPDR S&P Dividend ETF by 37.3% in the fourth 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 period. Ellis Investment Partners LLC raised its position in shares of SPDR S&P Dividend ETF by 9,850.3% in the first 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 period. Venturi Wealth Management LLC bought a new position in shares of SPDR S&P Dividend ETF in the fourth quarter valued at approximately $43,779,000. Suntrust Banks Inc. raised its position in shares of SPDR S&P Dividend ETF by 27.5% in the fourth 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 period. Finally, Raymond James Financial Services Advisors Inc. increased its position in SPDR S&P Dividend ETF by 46.1% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 1,057,454 shares of the company’s stock worth $94,663,000 after acquiring an additional 333,726 shares during the period.

SDY stock traded up $0.36 on Monday, reaching $101.24. 605,908 shares of the company were exchanged, compared to its average volume of 679,035. SPDR S&P Dividend ETF has a 12 month low of $84.28 and a 12 month high of $102.14. The company has a fifty day simple moving average of $99.46.

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.

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

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