Prosperity Consulting Group LLC Has $15.15 Million Stock Position in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Prosperity Consulting Group LLC lowered its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 114,715 shares of the company’s stock after selling 3,981 shares during the period. SPDR S&P Dividend ETF comprises about 1.1% of Prosperity Consulting Group LLC’s investment portfolio, making the stock its 15th biggest holding. Prosperity Consulting Group LLC owned 0.07% of SPDR S&P Dividend ETF worth $15,154,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Glass Jacobson Investment Advisors llc bought a new position in shares of SPDR S&P Dividend ETF in the 4th quarter valued at approximately $26,000. Avion Wealth raised its position in shares of SPDR S&P Dividend ETF by 164.5% in the fourth quarter. Avion Wealth now owns 201 shares of the company’s stock valued at $26,000 after purchasing an additional 125 shares during the period. Colonial Trust Advisors acquired a new stake in shares of SPDR S&P Dividend ETF in the fourth quarter worth $29,000. Kestra Investment Management LLC bought a new stake in shares of SPDR S&P Dividend ETF during the 4th quarter worth $31,000. Finally, Noble Wealth Management PBC acquired a new position in SPDR S&P Dividend ETF in the 4th quarter valued at $32,000.

SPDR S&P Dividend ETF Stock Performance

Shares of NYSEARCA:SDY opened at $129.90 on Friday. The stock’s 50-day moving average is $132.85 and its 200-day moving average is $135.68. The company has a market cap of $19.21 billion, a P/E ratio of 20.17 and a beta of 0.80. SPDR S&P Dividend ETF has a 52-week low of $119.83 and a 52-week high of $144.45.

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.