SPDR S&P 500 ETF Trust (SPY) Shares Sold by Watch Point Trust Co

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Watch Point Trust Co lessened its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 13,223 shares of the company’s stock after selling 695 shares during the quarter. SPDR S&P 500 ETF Trust accounts for approximately 2.6% of Watch Point Trust Co’s holdings, making the stock its 7th largest holding. Watch Point Trust Co’s holdings in SPDR S&P 500 ETF Trust were worth $3,844,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Cribstone Capital Management LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 119.6% during the third quarter. Cribstone Capital Management LLC now owns 1,555 shares of the company’s stock worth $452,000 after purchasing an additional 847 shares during the period. Mycio Wealth Partners LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 3.2% during the third quarter. Mycio Wealth Partners LLC now owns 363,260 shares of the company’s stock worth $105,607,000 after purchasing an additional 11,327 shares during the period. Buffington Mohr McNeal lifted its holdings in shares of SPDR S&P 500 ETF Trust by 16.3% during the third quarter. Buffington Mohr McNeal now owns 2,493 shares of the company’s stock worth $725,000 after purchasing an additional 349 shares during the period. Sterling Investment Management Inc. lifted its holdings in shares of SPDR S&P 500 ETF Trust by 44.8% during the third quarter. Sterling Investment Management Inc. now owns 17,989 shares of the company’s stock worth $5,229,000 after purchasing an additional 5,567 shares during the period. Finally, Confluence Investment Management LLC lifted its holdings in shares of SPDR S&P 500 ETF Trust by 2.6% during the third quarter. Confluence Investment Management LLC now owns 15,008 shares of the company’s stock worth $4,363,000 after purchasing an additional 376 shares during the period.

SPDR S&P 500 ETF Trust stock opened at $270.63 on Thursday. SPDR S&P 500 ETF Trust has a 52 week low of $252.92 and a 52 week high of $293.94.

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were issued a dividend of $1.3226 per share. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. The ex-dividend date was Friday, September 21st. This represents a $5.29 dividend on an annualized basis and a dividend yield of 1.95%.

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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