Bank of New York Mellon Corp Sells 3,206 Shares of SPDR Portfolio S&P 500 High Dividend ETF $SPYD

Bank of New York Mellon Corp cut its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 0.6% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 557,879 shares of the company’s stock after selling 3,206 shares during the period. Bank of New York Mellon Corp owned 0.35% of SPDR Portfolio S&P 500 High Dividend ETF worth $23,676,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SPYD. Access Investment Management LLC purchased a new position in SPDR Portfolio S&P 500 High Dividend ETF during the 2nd quarter valued at $42,000. Westside Investment Management Inc. boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 116.7% during the 2nd quarter. Westside Investment Management Inc. now owns 1,950 shares of the company’s stock valued at $83,000 after purchasing an additional 1,050 shares in the last quarter. Bank of Montreal Can boosted its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 4.3% during the 2nd quarter. Bank of Montreal Can now owns 28,580 shares of the company’s stock valued at $1,213,000 after purchasing an additional 1,174 shares in the last quarter. Lifeworks Advisors LLC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at about $454,000. Finally, Hutchinson Financial Advisors INC purchased a new position in shares of SPDR Portfolio S&P 500 High Dividend ETF during the second quarter valued at about $1,166,000.

SPDR Portfolio S&P 500 High Dividend ETF Price Performance

Shares of SPYD opened at $42.97 on Friday. SPDR Portfolio S&P 500 High Dividend ETF has a one year low of $37.92 and a one year high of $47.52. The company has a 50-day simple moving average of $43.56 and a two-hundred day simple moving average of $43.26. The firm has a market capitalization of $7.22 billion, a PE ratio of 15.73 and a beta of 0.84.

SPDR Portfolio S&P 500 High Dividend ETF Company 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.