Fiduciary Trust Co. cut its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,922 shares of the company’s stock after selling 1,936 shares during the quarter. Fiduciary Trust Co.’s holdings in SPDR S&P 500 ETF Trust were worth $6,764,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC bought a new position in SPDR S&P 500 ETF Trust in the third quarter valued at approximately $148,000. CKW Financial Group increased its stake in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. CKW Financial Group now owns 606 shares of the company’s stock valued at $147,000 after acquiring an additional 2 shares during the last quarter. WESPAC Advisors SoCal LLC increased its stake in SPDR S&P 500 ETF Trust by 68.8% in the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock valued at $163,000 after acquiring an additional 275 shares during the last quarter. Almanack Investment Partners LLC. increased its stake in SPDR S&P 500 ETF Trust by 2.6% in the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after acquiring an additional 18 shares during the last quarter. Finally, Garrison Financial Corp bought a new position in SPDR S&P 500 ETF Trust in the third quarter valued at approximately $202,000.

Shares of SPDR S&P 500 ETF Trust (SPY) traded down $0.30 during trading hours on Wednesday, reaching $262.55. 10,560,000 shares of the company were exchanged. SPDR S&P 500 ETF Trust has a fifty-two week low of $219.15 and a fifty-two week high of $263.63.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, September 18th were paid a $1.2346 dividend. This represents a $4.94 dividend on an annualized basis and a yield of 1.88%. This is a boost 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’s dividend payout ratio (DPR) is -327.40%.

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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.

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

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