Bank of New York Mellon Corp cut its stake in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 2.0% during the 2nd quarter, HoldingsChannel reports. The fund owned 151,621 shares of the company’s stock after selling 3,172 shares during the period. Bank of New York Mellon Corp’s holdings in SPDR S&P Dividend ETF were worth $14,056,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Moneta Group Investment Advisors LLC lifted its stake in SPDR S&P Dividend ETF by 33.0% during the 2nd quarter. Moneta Group Investment Advisors LLC now owns 432,846 shares of the company’s stock valued at $36,049,000 after acquiring an additional 107,384 shares in the last quarter. Segall Bryant & Hamill LLC lifted its stake in SPDR S&P Dividend ETF by 41.3% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 8,818 shares of the company’s stock valued at $817,000 after acquiring an additional 2,577 shares in the last quarter. Gradient Investments LLC lifted its stake in SPDR S&P Dividend ETF by 119.5% during the 2nd quarter. Gradient Investments LLC now owns 2,357 shares of the company’s stock valued at $218,000 after acquiring an additional 1,283 shares in the last quarter. Amussen Hunsaker Associates LLC bought a new position in SPDR S&P Dividend ETF during the 2nd quarter valued at $351,000. Finally, MUFG Americas Holdings Corp lifted its stake in SPDR S&P Dividend ETF by 35.0% during the 2nd quarter. MUFG Americas Holdings Corp now owns 2,807 shares of the company’s stock valued at $260,000 after acquiring an additional 728 shares in the last quarter.

Shares of SPDR S&P Dividend ETF stock opened at $95.88 on Friday. SPDR S&P Dividend ETF has a 1 year low of $87.95 and a 1 year high of $100.07.

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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.

Further Reading: Dividend Aristocrat Index

Want to see what other hedge funds are holding SDY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Dividend ETF (NYSEARCA:SDY).

Institutional Ownership by Quarter for SPDR S&P Dividend ETF (NYSEARCA:SDY)

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