Cerity Partners LLC Raises Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Cerity Partners LLC grew its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 16.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 81,614 shares of the company’s stock after purchasing an additional 11,526 shares during the quarter. Cerity Partners LLC owned 0.05% of SPDR S&P Dividend ETF worth $10,781,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Avion Wealth lifted its stake in SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after acquiring an additional 125 shares during the last quarter. Kestra Investment Management LLC acquired a new stake in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $31,000. Noble Wealth Management PBC purchased a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth $32,000. Rialto Wealth Management LLC acquired a new position in shares of SPDR S&P Dividend ETF during the fourth quarter worth $34,000. Finally, ST Germain D J Co. Inc. purchased a new position in SPDR S&P Dividend ETF in the fourth quarter valued at $38,000.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA SDY opened at $126.23 on Friday. The business has a 50-day moving average of $133.91 and a two-hundred day moving average of $136.53. The company has a market capitalization of $18.74 billion, a price-to-earnings ratio of 20.96 and a beta of 0.80. SPDR S&P Dividend ETF has a 1 year low of $119.83 and a 1 year 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.