Bank of New York Mellon Corp grew its position in shares of SPDR S&P Dividend ETF (NYSEARCA:SDY) by 38.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 581,849 shares of the company’s stock after purchasing an additional 161,323 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.34% of SPDR S&P Dividend ETF worth $46,466,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SDY. State Street Corp raised its position in shares of SPDR S&P Dividend ETF by 3.2% during the third quarter. State Street Corp now owns 89,657 shares of the company’s stock worth $9,199,000 after acquiring an additional 2,808 shares during the last quarter. Merriman Wealth Management LLC increased its holdings in SPDR S&P Dividend ETF by 6.1% in the fourth quarter. Merriman Wealth Management LLC now owns 2,392 shares of the company’s stock worth $257,000 after purchasing an additional 137 shares in the last quarter. Global Retirement Partners LLC increased its holdings in SPDR S&P Dividend ETF by 7.5% in the fourth quarter. Global Retirement Partners LLC now owns 4,317 shares of the company’s stock worth $464,000 after purchasing an additional 300 shares in the last quarter. McKinley Carter Wealth Services Inc. bought a new stake in SPDR S&P Dividend ETF in the fourth quarter worth approximately $66,000. Finally, Peddock Capital Advisors LLC bought a new stake in SPDR S&P Dividend ETF in the fourth quarter worth approximately $42,000.

Shares of SDY stock opened at $86.93 on Friday. The stock has a 50 day simple moving average of $84.52 and a two-hundred day simple moving average of $97.75. SPDR S&P Dividend ETF has a fifty-two week low of $67.57 and a fifty-two week high of $108.81.

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.

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

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