Confluence Investment Management LLC Increases Stake in SPDR S&P 500 ETF Trust (SPY)

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Confluence Investment Management LLC lifted its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,008 shares of the company’s stock after acquiring an additional 376 shares during the quarter. Confluence Investment Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $4,363,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. LFA Lugano Financial Advisors SA acquired a new position in shares of SPDR S&P 500 ETF Trust during the second quarter worth about $12,474,000. Northern Trust Corp increased its stake in shares of SPDR S&P 500 ETF Trust by 0.3% during the second quarter. Northern Trust Corp now owns 10,797,953 shares of the company’s stock worth $2,929,269,000 after acquiring an additional 31,900 shares during the period. National Mutual Insurance Federation of Agricultural Cooperatives increased its stake in shares of SPDR S&P 500 ETF Trust by 79.9% during the second quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,425,032 shares of the company’s stock worth $2,285,543,000 after acquiring an additional 3,742,200 shares during the period. TD Asset Management Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 8.1% during the second quarter. TD Asset Management Inc. now owns 7,292,561 shares of the company’s stock worth $1,978,326,000 after acquiring an additional 548,280 shares during the period. Finally, Summit Trail Advisors LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 11,199.3% during the first quarter. Summit Trail Advisors LLC now owns 6,770,101 shares of the company’s stock worth $6,770,000 after acquiring an additional 6,710,185 shares during the period.

Shares of SPY opened at $267.77 on Wednesday. SPDR S&P 500 ETF Trust has a twelve month low of $252.92 and a twelve month high of $293.94.

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be given a dividend of $1.3226 per share. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend is Friday, September 21st.

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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