Bank of New York Mellon Corp Sells 6,155 Shares of SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD)

Bank of New York Mellon Corp reduced its holdings in SPDR Portfolio S&P 500 High Dividend ETF (NYSEARCA:SPYD) by 1.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 578,442 shares of the company’s stock after selling 6,155 shares during the quarter. Bank of New York Mellon Corp owned about 0.34% of SPDR Portfolio S&P 500 High Dividend ETF worth $25,012,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. L.M. Kohn & Company boosted its holdings in shares of SPDR Portfolio S&P 500 High Dividend ETF by 1.7% in the 4th quarter. L.M. Kohn & Company now owns 15,275 shares of the company’s stock worth $660,000 after buying an additional 254 shares during the last quarter. Valeo Financial Advisors LLC boosted its stake in SPDR Portfolio S&P 500 High Dividend ETF by 11.8% in the fourth quarter. Valeo Financial Advisors LLC now owns 25,081 shares of the company’s stock valued at $1,085,000 after acquiring an additional 2,655 shares during the last quarter. Bogart Wealth LLC grew its position in shares of SPDR Portfolio S&P 500 High Dividend ETF by 12.3% during the 4th quarter. Bogart Wealth LLC now owns 15,370 shares of the company’s stock valued at $665,000 after acquiring an additional 1,681 shares during the period. GPS Wealth Strategies Group LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 52.3% during the 4th quarter. GPS Wealth Strategies Group LLC now owns 5,318 shares of the company’s stock worth $230,000 after purchasing an additional 1,827 shares during the last quarter. Finally, Dumont & Blake Investment Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 High Dividend ETF by 12.9% during the 4th quarter. Dumont & Blake Investment Advisors LLC now owns 44,726 shares of the company’s stock worth $1,934,000 after purchasing an additional 5,114 shares during the last quarter.

SPDR Portfolio S&P 500 High Dividend ETF Stock Up 1.5 %

NYSEARCA SPYD opened at $44.69 on Monday. The firm has a market cap of $6.92 billion, a P/E ratio of 19.25 and a beta of 1.04. The company’s 50 day moving average is $43.89 and its 200-day moving average is $44.81. SPDR Portfolio S&P 500 High Dividend ETF has a 12-month low of $38.04 and a 12-month high of $47.52.

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.