SPDR S&P 500 ETF Trust (SPY) is Sullivan Bruyette Speros & Blaney LLC’s Largest Position

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Sullivan Bruyette Speros & Blaney LLC reduced its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,374,761 shares of the company’s stock after selling 29,679 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 36.2% of Sullivan Bruyette Speros & Blaney LLC’s holdings, making the stock its biggest holding. Sullivan Bruyette Speros & Blaney LLC’s holdings in SPDR S&P 500 ETF Trust were worth $399,670,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Patriot Financial Group Insurance Agency LLC boosted its stake in SPDR S&P 500 ETF Trust by 402.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 437 shares of the company’s stock valued at $127,000 after acquiring an additional 350 shares during the period. Hartford Financial Management Inc. acquired a new position in SPDR S&P 500 ETF Trust in the second quarter valued at approximately $139,000. LifePlan Financial Group Inc boosted its stake in SPDR S&P 500 ETF Trust by 48.6% in the second quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock valued at $156,000 after acquiring an additional 188 shares during the period. WP Advisors LLC acquired a new position in SPDR S&P 500 ETF Trust in the second quarter valued at approximately $165,000. Finally, NuWave Investment Management LLC boosted its stake in SPDR S&P 500 ETF Trust by 283.0% in the third quarter. NuWave Investment Management LLC now owns 609 shares of the company’s stock valued at $177,000 after acquiring an additional 450 shares during the period.

Shares of SPY stock opened at $277.76 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $252.92 and a 52 week high of $293.94.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th were paid a $1.3226 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 dividend on an annualized basis and a yield of 1.90%. The ex-dividend date was Friday, September 21st.

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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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Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

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