Saratoga Research & Investment Management bought a new position in SPDR S&P 500 ETF Trust (NYSE:SPY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,705 shares of the exchange traded fund’s stock, valued at approximately $428,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Shell Asset Management Co. bought a new stake in SPDR S&P 500 ETF Trust in the third quarter worth approximately $1,228,215,000. Northwestern Mutual Investment Management Company LLC grew its position in SPDR S&P 500 ETF Trust by 223.2% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the exchange traded fund’s stock worth $757,122,000 after acquiring an additional 2,496,043 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in SPDR S&P 500 ETF Trust by 5.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,574,593 shares of the exchange traded fund’s stock worth $864,337,000 after acquiring an additional 180,679 shares in the last quarter. White Mountains Advisors LLC grew its position in SPDR S&P 500 ETF Trust by 97.7% in the second quarter. White Mountains Advisors LLC now owns 2,318,285 shares of the exchange traded fund’s stock worth $560,561,000 after acquiring an additional 1,145,906 shares in the last quarter. Finally, Sei Investments Co. grew its position in SPDR S&P 500 ETF Trust by 3.9% in the second quarter. Sei Investments Co. now owns 2,265,949 shares of the exchange traded fund’s stock worth $547,907,000 after acquiring an additional 84,862 shares in the last quarter.

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Shares of SPDR S&P 500 ETF Trust (SPY) opened at $258.09 on Monday. SPDR S&P 500 ETF Trust has a 1 year low of $215.22 and a 1 year high of $259.35.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Monday, September 18th were given a $1.2346 dividend. This represents a $4.94 annualized dividend and a yield of 1.91%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date was Friday, September 15th.

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 (NYSE:SPY)

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