SPDR S&P Dividend ETF $SDY Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.5% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 930,325 shares of the company’s stock after selling 24,271 shares during the period. Bank of New York Mellon Corp owned approximately 0.64% of SPDR S&P Dividend ETF worth $135,772,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Morgan Stanley increased its holdings in SPDR S&P Dividend ETF by 2.0% in the 4th quarter. Morgan Stanley now owns 4,840,696 shares of the company’s stock valued at $673,631,000 after purchasing an additional 95,878 shares in the last quarter. Raymond James Financial Inc. grew its stake in shares of SPDR S&P Dividend ETF by 4.0% in the second quarter. Raymond James Financial Inc. now owns 3,133,413 shares of the company’s stock valued at $425,298,000 after buying an additional 119,562 shares in the last quarter. Joel Isaacson & Co. LLC grew its stake in shares of SPDR S&P Dividend ETF by 4.6% in the fourth quarter. Joel Isaacson & Co. LLC now owns 2,788,428 shares of the company’s stock valued at $388,038,000 after buying an additional 121,368 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of SPDR S&P Dividend ETF by 1.9% during the 4th quarter. Wells Fargo & Company MN now owns 2,076,605 shares of the company’s stock valued at $288,980,000 after buying an additional 39,572 shares during the period. Finally, UBS Group AG raised its holdings in shares of SPDR S&P Dividend ETF by 10.5% during the 3rd quarter. UBS Group AG now owns 1,732,685 shares of the company’s stock valued at $242,663,000 after buying an additional 165,053 shares during the period. Hedge funds and other institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Performance

SPDR S&P Dividend ETF stock opened at $154.81 on Monday. The firm has a market capitalization of $21.74 billion, a PE ratio of 19.85 and a beta of 0.69. SPDR S&P Dividend ETF has a one year low of $135.30 and a one year high of $157.66. The stock’s 50 day moving average price is $151.02 and its 200 day moving average price is $149.32.

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. The Fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the Index.