Bank of New York Mellon Corp Reduces Holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Bank of New York Mellon Corp lowered its position in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 3.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 561,085 shares of the company’s stock after selling 17,357 shares during the quarter. Bank of New York Mellon Corp owned 0.36% of SPDR Portfolio S&P 500 High Dividend ETF worth $24,834,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in SPYD. BNP Paribas Financial Markets lifted its holdings in SPDR Portfolio S&P 500 High Dividend ETF by 3,190.0% during the fourth quarter. BNP Paribas Financial Markets now owns 213,125 shares of the company’s stock valued at $9,216,000 after purchasing an additional 206,647 shares in the last quarter. Elite Financial Inc. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 159.0% during the first quarter. Elite Financial Inc. now owns 191,884 shares of the company’s stock valued at $8,492,000 after buying an additional 117,803 shares during the last quarter. JPMorgan Chase & Co. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 38.9% during the fourth quarter. JPMorgan Chase & Co. now owns 325,212 shares of the company’s stock valued at $14,062,000 after buying an additional 91,129 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 30.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 157,605 shares of the company’s stock valued at $6,815,000 after buying an additional 37,101 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.2% during the fourth quarter. Ameriprise Financial Inc. now owns 2,838,146 shares of the company’s stock valued at $122,729,000 after buying an additional 33,798 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

SPDR Portfolio S&P 500 High Dividend ETF stock opened at $43.07 on Thursday. The stock has a market cap of $6.92 billion, a P/E ratio of 15.73 and a beta of 0.99. SPDR Portfolio S&P 500 High Dividend ETF has a 1 year low of $37.92 and a 1 year high of $47.52. The firm’s 50 day moving average price is $42.64 and its 200-day moving average price is $42.96.

SPDR Portfolio S&P 500 High Dividend ETF Profile

The SPDR Portfolio S&P 500 High Dividend ETF (SPYD) is an exchange-traded fund that is based on the S&P 500 High Dividend index. The fund tracks an index of the 80 highest-yielding stocks selected from the S&P 500. Stocks are equally-weighted. SPYD was launched on Oct 21, 2015 and is managed by State Street.