Modera Wealth Management LLC Grows Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Modera Wealth Management LLC increased its holdings in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 1.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 5,343 shares of the company’s stock after buying an additional 100 shares during the quarter. Modera Wealth Management LLC’s holdings in SPDR S&P Dividend ETF were worth $706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the business. Halbert Hargrove Global Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $119,000. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $40,000. Purkiss Capital Advisors LLC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $735,000. Noble Wealth Management PBC purchased a new position in shares of SPDR S&P Dividend ETF in the 4th quarter worth about $32,000. Finally, US Bancorp DE raised its holdings in shares of SPDR S&P Dividend ETF by 2.5% in the 4th quarter. US Bancorp DE now owns 78,891 shares of the company’s stock worth $10,422,000 after purchasing an additional 1,921 shares during the period.

SPDR S&P Dividend ETF Stock Performance

SDY stock opened at $135.93 on Wednesday. SPDR S&P Dividend ETF has a 1 year low of $124.37 and a 1 year high of $144.45. The firm has a market cap of $20.34 billion, a P/E ratio of 21.48 and a beta of 0.88. The stock has a 50-day simple moving average of $133.87 and a 200-day simple moving average of $137.79.

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.