SPDR S&P Dividend ETF (NYSEARCA:SDY) Shares Acquired by Cerity Partners LLC

Cerity Partners LLC increased its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.4% during the fourth quarter, Holdings Channel reports. The fund owned 81,614 shares of the company’s stock after acquiring an additional 11,526 shares during the quarter. Cerity Partners LLC’s holdings in SPDR S&P Dividend ETF were worth $10,781,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Avion Wealth lifted its stake in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after purchasing an additional 125 shares during the period. Kestra Investment Management LLC purchased a new position in SPDR S&P Dividend ETF during the fourth quarter worth about $31,000. Noble Wealth Management PBC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter worth about $32,000. Rialto Wealth Management LLC purchased a new stake in SPDR S&P Dividend ETF in the 4th quarter valued at about $34,000. Finally, ST Germain D J Co. Inc. acquired a new position in shares of SPDR S&P Dividend ETF during the 4th quarter valued at about $38,000.

SPDR S&P Dividend ETF Stock Performance

SDY opened at $126.23 on Friday. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year high of $144.45. The company’s 50 day simple moving average is $133.91 and its 200 day simple moving average is $136.53. The stock has a market capitalization of $18.74 billion, a PE ratio of 20.96 and a beta of 0.80.

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.