Sargent Investment Group LLC Buys New Stake in SPDR S&P 500 ETF Trust (SPY)

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Sargent Investment Group LLC bought a new stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 2,367 shares of the company’s stock, valued at approximately $592,000.

Other large investors also recently added to or reduced their stakes in the company. Davidson Investment Advisors lifted its position in shares of SPDR S&P 500 ETF Trust by 1,195.0% during the 4th quarter. Davidson Investment Advisors now owns 10,360 shares of the company’s stock valued at $2,589,000 after acquiring an additional 9,560 shares during the period. Beacon Investment Advisory Services Inc. lifted its position in shares of SPDR S&P 500 ETF Trust by 135.2% during the 4th quarter. Beacon Investment Advisory Services Inc. now owns 46,089 shares of the company’s stock valued at $11,519,000 after acquiring an additional 26,494 shares during the period. Northwest Capital Management Inc lifted its position in shares of SPDR S&P 500 ETF Trust by 31.1% during the 4th quarter. Northwest Capital Management Inc now owns 2,636 shares of the company’s stock worth $659,000 after buying an additional 626 shares during the last quarter. GAM Holding AG lifted its position in shares of SPDR S&P 500 ETF Trust by 420.9% during the 4th quarter. GAM Holding AG now owns 35,617 shares of the company’s stock worth $8,901,000 after buying an additional 28,780 shares during the last quarter. Finally, Chesley Taft & Associates LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 3.1% during the 4th quarter. Chesley Taft & Associates LLC now owns 61,064 shares of the company’s stock worth $15,261,000 after buying an additional 1,854 shares during the last quarter.

Shares of SPY stock opened at $290.02 on Friday. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $293.94.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, March 18th will be given a dividend of $1.2331 per share. The ex-dividend date of this dividend is Friday, March 15th. This represents a $4.93 annualized dividend and a dividend yield of 1.70%.

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SPDR S&P 500 ETF Trust Company 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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