Quattro Financial Advisors LLC Purchases New Holdings in SPDR S&P 500 ETF Trust (SPY)
Quattro Financial Advisors LLC purchased a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 23,653 shares of the company’s stock, valued at approximately $6,009,000. SPDR S&P 500 ETF Trust accounts for about 1.8% of Quattro Financial Advisors LLC’s portfolio, making the stock its 18th largest holding.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Shell Asset Management Co. purchased a new stake in SPDR S&P 500 ETF Trust in the 3rd quarter valued at about $1,228,215,000. Northwestern Mutual Investment Management Company LLC raised its holdings in SPDR S&P 500 ETF Trust by 223.2% in the 2nd quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the company’s stock valued at $757,122,000 after buying an additional 2,496,043 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in SPDR S&P 500 ETF Trust by 5.3% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,574,593 shares of the company’s stock valued at $864,337,000 after buying an additional 180,679 shares during the period. White Mountains Advisors LLC raised its holdings in SPDR S&P 500 ETF Trust by 97.7% in the 2nd quarter. White Mountains Advisors LLC now owns 2,318,285 shares of the company’s stock valued at $560,561,000 after buying an additional 1,145,906 shares during the period. Finally, Sei Investments Co. raised its holdings in SPDR S&P 500 ETF Trust by 3.9% in the 2nd quarter. Sei Investments Co. now owns 2,265,949 shares of the company’s stock valued at $547,907,000 after buying an additional 84,862 shares during the period.
Shares of SPDR S&P 500 ETF Trust (SPY) traded down $0.16 on Thursday, reaching $262.71. 77,457,398 shares of the company traded hands, compared to its average volume of 68,916,641. SPDR S&P 500 ETF Trust has a 12-month low of $219.15 and a 12-month high of $263.63.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, September 18th were issued a $1.2346 dividend. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. This represents a $4.94 annualized dividend and a yield of 1.88%. The ex-dividend date of this dividend was Friday, September 15th. SPDR S&P 500 ETF Trust’s payout ratio 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.
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