Bank of New York Mellon Corp Has $137.60 Million Stock Holdings in SPDR S&P Dividend ETF (NYSEARCA:SDY)

Bank of New York Mellon Corp lessened its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 0.5% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 1,041,645 shares of the company’s stock after selling 5,543 shares during the quarter. Bank of New York Mellon Corp’s holdings in SPDR S&P Dividend ETF were worth $137,601,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Avion Wealth lifted its stake in shares of SPDR S&P Dividend ETF by 164.5% during the 4th quarter. Avion Wealth now owns 201 shares of the company’s stock worth $26,000 after buying an additional 125 shares during the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of SPDR S&P Dividend ETF during the 3rd quarter worth about $31,000. JNBA Financial Advisors acquired a new stake in SPDR S&P Dividend ETF in the 3rd quarter worth about $32,000. Kestra Investment Management LLC acquired a new stake in SPDR S&P Dividend ETF in the 4th quarter worth about $31,000. Finally, Assetmark Inc. raised its stake in SPDR S&P Dividend ETF by 192.0% in the 3rd quarter. Assetmark Inc. now owns 254 shares of the company’s stock worth $36,000 after purchasing an additional 167 shares in the last quarter.

SPDR S&P Dividend ETF Stock Up 1.3 %

Shares of SPDR S&P Dividend ETF stock opened at $138.29 on Friday. SPDR S&P Dividend ETF has a twelve month low of $124.37 and a twelve month high of $144.45. The company has a 50-day simple moving average of $133.71 and a two-hundred day simple moving average of $137.71. The stock has a market capitalization of $20.69 billion, a price-to-earnings ratio of 21.48 and a beta of 0.88.

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.