SPDR S&P Dividend ETF $SDY Stock Position Raised by Parcion Private Wealth LLC

Parcion Private Wealth LLC lifted its position in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 148.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 13,963 shares of the company’s stock after acquiring an additional 8,345 shares during the quarter. Parcion Private Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,943,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. CVA Family Office LLC lifted its position in shares of SPDR S&P Dividend ETF by 60.0% in the 3rd quarter. CVA Family Office LLC now owns 200 shares of the company’s stock valued at $28,000 after acquiring an additional 75 shares in the last quarter. Keel Point LLC lifted its position in shares of SPDR S&P Dividend ETF by 2.2% in the 3rd quarter. Keel Point LLC now owns 3,499 shares of the company’s stock valued at $490,000 after acquiring an additional 76 shares in the last quarter. Stablepoint Partners LLC lifted its position in shares of SPDR S&P Dividend ETF by 0.5% in the 3rd quarter. Stablepoint Partners LLC now owns 16,249 shares of the company’s stock valued at $2,276,000 after acquiring an additional 80 shares in the last quarter. Trust Co. of Vermont lifted its position in shares of SPDR S&P Dividend ETF by 0.7% in the 4th quarter. Trust Co. of Vermont now owns 10,830 shares of the company’s stock valued at $1,507,000 after acquiring an additional 80 shares in the last quarter. Finally, Charles Schwab Trust Co lifted its position in shares of SPDR S&P Dividend ETF by 0.3% in the 4th quarter. Charles Schwab Trust Co now owns 29,980 shares of the company’s stock valued at $4,172,000 after acquiring an additional 82 shares in the last quarter. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $146.66 on Thursday. The company has a market cap of $20.75 billion, a PE ratio of 19.85 and a beta of 0.74. SPDR S&P Dividend ETF has a 52 week low of $126.08 and a 52 week high of $156.39. The firm has a 50 day simple moving average of $150.15 and a 200 day simple moving average of $144.13.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.