SPDR S&P 500 ETF Trust (SPY) Stake Increased by Abner Herrman & Brock LLC

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Abner Herrman & Brock LLC lifted its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 11.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 2,046 shares of the company’s stock after acquiring an additional 218 shares during the quarter. Abner Herrman & Brock LLC’s holdings in SPDR S&P 500 ETF Trust were worth $511,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the company. Cornerstone Investment Partners LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 55.3% in the fourth quarter. Cornerstone Investment Partners LLC now owns 5,704 shares of the company’s stock worth $1,426,000 after buying an additional 2,031 shares during the period. Cullinan Associates Inc. boosted its position in SPDR S&P 500 ETF Trust by 311.3% during the fourth quarter. Cullinan Associates Inc. now owns 156,390 shares of the company’s stock valued at $39,085,000 after purchasing an additional 118,371 shares during the last quarter. Carroll Financial Associates Inc. boosted its position in SPDR S&P 500 ETF Trust by 5.1% during the fourth quarter. Carroll Financial Associates Inc. now owns 57,483 shares of the company’s stock valued at $14,622,000 after purchasing an additional 2,780 shares during the last quarter. Beacon Wealthcare Inc acquired a new stake in SPDR S&P 500 ETF Trust during the fourth quarter valued at $1,497,000. Finally, First Hawaiian Bank boosted its position in SPDR S&P 500 ETF Trust by 0.9% during the fourth quarter. First Hawaiian Bank now owns 429,702 shares of the company’s stock valued at $107,391,000 after purchasing an additional 3,701 shares during the last quarter.

SPY traded down $0.75 during trading on Friday, reaching $258.13. 37,859,219 shares of the stock traded hands, compared to its average volume of 115,834,320. SPDR S&P 500 ETF Trust has a fifty-two week low of $233.76 and a fifty-two week high of $293.94.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 31st. Investors of record on Monday, December 24th will be given a dividend of $1.4354 per share. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.32. The ex-dividend date is Friday, December 21st. This represents a $5.74 dividend on an annualized basis and a yield of 2.22%.

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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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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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