Bank of New York Mellon Corp Has $133.29 Million Holdings in SPDR S&P Dividend ETF $SDY

Bank of New York Mellon Corp lessened its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 3.9% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 951,759 shares of the company’s stock after selling 38,248 shares during the period. Bank of New York Mellon Corp owned approximately 0.66% of SPDR S&P Dividend ETF worth $133,294,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in SDY. Oxler Private Wealth LLC acquired a new position in SPDR S&P Dividend ETF in the 3rd quarter valued at $206,000. Ashford Advisors LLC boosted its position in shares of SPDR S&P Dividend ETF by 116.5% in the third quarter. Ashford Advisors LLC now owns 4,000 shares of the company’s stock valued at $560,000 after acquiring an additional 2,152 shares during the period. Stablepoint Partners LLC grew its stake in shares of SPDR S&P Dividend ETF by 0.5% in the third quarter. Stablepoint Partners LLC now owns 16,249 shares of the company’s stock valued at $2,276,000 after acquiring an additional 80 shares in the last quarter. Marino Stram & Associates LLC increased its position in SPDR S&P Dividend ETF by 0.6% during the third quarter. Marino Stram & Associates LLC now owns 281,487 shares of the company’s stock worth $39,422,000 after acquiring an additional 1,750 shares during the period. Finally, Bensler LLC acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth about $207,000. Institutional investors own 43.42% of the company’s stock.

SPDR S&P Dividend ETF Stock Up 0.9%

NYSEARCA SDY opened at $148.73 on Friday. The firm has a 50-day moving average price of $142.20 and a two-hundred day moving average price of $140.25. SPDR S&P Dividend ETF has a 12-month low of $119.83 and a 12-month high of $148.73. The company has a market capitalization of $21.08 billion, a P/E ratio of 19.85 and a beta of 0.79.

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