Private Advisory Group LLC lifted its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 16,695 shares of the company’s stock after acquiring an additional 340 shares during the quarter. SPDR S&P 500 ETF Trust accounts for about 2.3% of Private Advisory Group LLC’s holdings, making the stock its 8th biggest holding. Private Advisory Group LLC’s holdings in SPDR S&P 500 ETF Trust were worth $4,172,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also made changes to their positions in the company. Peak Capital Management LLC bought a new stake in SPDR S&P 500 ETF Trust during the 3rd quarter valued at $28,000. Signet Investment Advisory Group Inc. bought a new stake in SPDR S&P 500 ETF Trust during the 4th quarter valued at $47,000. First PREMIER Bank raised its holdings in SPDR S&P 500 ETF Trust by 134.8% during the 4th quarter. First PREMIER Bank now owns 270 shares of the company’s stock valued at $67,000 after buying an additional 155 shares during the last quarter. Avondale Wealth Management bought a new stake in SPDR S&P 500 ETF Trust during the 4th quarter valued at $75,000. Finally, JJJ Advisors Inc. raised its holdings in SPDR S&P 500 ETF Trust by 17.3% during the 4th quarter. JJJ Advisors Inc. now owns 318 shares of the company’s stock valued at $79,000 after buying an additional 47 shares during the last quarter.
NYSEARCA:SPY opened at $290.16 on Wednesday. SPDR S&P 500 ETF Trust has a 52 week low of $233.76 and a 52 week high of $293.94.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, March 18th will be issued a dividend of $1.2331 per share. The ex-dividend date of this dividend is Friday, March 15th. This represents a $4.93 dividend on an annualized basis and a yield of 1.70%.
About SPDR S&P 500 ETF Trust
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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