AdvicePeriod LLC Increases Stake in SPDR S&P 500 ETF Trust (SPY)

AdvicePeriod LLC grew its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 67.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,738 shares of the company’s stock after purchasing an additional 22,380 shares during the period. SPDR S&P 500 ETF Trust makes up 1.6% of AdvicePeriod LLC’s investment portfolio, making the stock its 18th biggest holding. AdvicePeriod LLC’s holdings in SPDR S&P 500 ETF Trust were worth $13,930,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. NewFocus Financial Group LLC raised its holdings in shares of SPDR S&P 500 ETF Trust by 11.7% during the fourth quarter. NewFocus Financial Group LLC now owns 6,290 shares of the company’s stock valued at $1,572,000 after purchasing an additional 658 shares during the period. Graves Light Private Wealth Management Inc. acquired a new position in shares of SPDR S&P 500 ETF Trust during the fourth quarter valued at about $2,495,000. Wells Trecaso Financial Group LLC raised its holdings in shares of SPDR S&P 500 ETF Trust by 1.5% during the fourth quarter. Wells Trecaso Financial Group LLC now owns 2,654 shares of the company’s stock valued at $663,000 after purchasing an additional 40 shares during the period. Private Capital Group LLC raised its holdings in shares of SPDR S&P 500 ETF Trust by 4.3% during the fourth quarter. Private Capital Group LLC now owns 72,330 shares of the company’s stock valued at $18,181,000 after purchasing an additional 3,000 shares during the period. Finally, Dorsey & Whitney Trust CO LLC raised its holdings in shares of SPDR S&P 500 ETF Trust by 35.9% during the fourth quarter. Dorsey & Whitney Trust CO LLC now owns 51,994 shares of the company’s stock valued at $12,994,000 after purchasing an additional 13,730 shares during the period.

Shares of NYSEARCA SPY opened at $274.99 on Thursday. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $293.94.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 31st. Stockholders of record on Monday, December 24th were issued a dividend of $1.4354 per share. The ex-dividend date was Friday, December 21st. This represents a $5.74 annualized dividend and a dividend yield of 2.09%. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.32.

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SPDR S&P 500 ETF Trust Profile

SPDR S&P 500 ETF Trust (the Trust) is a unit investment trust. The Trust seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of the S&P 500 Index (the Index). The Trust seeks to achieve this investment objective by holding a portfolio of the common stocks that are included in the Index (the Portfolio), with the weight of each stock in the Portfolio substantially corresponding to the weight of such stock in the Index.

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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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