Parcion Private Wealth LLC Increases Stake in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Parcion Private Wealth LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 15.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 7,850 shares of the company’s stock after buying an additional 1,068 shares during the period. Parcion Private Wealth LLC’s holdings in SPDR S&P Dividend ETF were worth $1,037,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Avion Wealth increased its stake in 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 buying an additional 125 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $31,000. JNBA Financial Advisors acquired a new position in shares of SPDR S&P Dividend ETF in the 3rd quarter valued at $32,000. Kestra Investment Management LLC acquired a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at $31,000. Finally, Assetmark Inc. boosted its stake in SPDR S&P Dividend ETF by 192.0% during the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares during the period.

SPDR S&P Dividend ETF Price Performance

Shares of NYSEARCA:SDY opened at $136.09 on Thursday. The stock has a market cap of $21.53 billion, a P/E ratio of 19.72 and a beta of 0.68. The firm has a fifty day moving average price of $133.55 and a 200 day moving average price of $137.53. SPDR S&P Dividend ETF has a 1-year low of $123.94 and a 1-year high of $144.45.

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.