TradeLink Capital LLC bought a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the fourth quarter, HoldingsChannel reports. The firm bought 1,384 shares of the company’s stock, valued at approximately $237,000. SPDR S&P 500 ETF Trust makes up approximately 1.6% of TradeLink Capital LLC’s investment portfolio, making the stock its 9th largest holding.

Other hedge funds have also modified their holdings of the company. Berkshire Asset Management LLC PA grew its holdings in shares of SPDR S&P 500 ETF Trust by 12.6% in the 4th quarter. Berkshire Asset Management LLC PA now owns 20,225 shares of the company’s stock worth $5,397,000 after acquiring an additional 2,264 shares during the period. State of Wisconsin Investment Board grew its holdings in shares of SPDR S&P 500 ETF Trust by 293.2% in the 3rd quarter. State of Wisconsin Investment Board now owns 30,513 shares of the company’s stock worth $7,666,000 after acquiring an additional 22,753 shares during the period. Friedenthal Financial acquired a new stake in shares of SPDR S&P 500 ETF Trust in the 3rd quarter worth approximately $1,273,000. Bank of Nova Scotia Trust Co. grew its holdings in shares of SPDR S&P 500 ETF Trust by 39.6% in the 3rd quarter. Bank of Nova Scotia Trust Co. now owns 6,360 shares of the company’s stock worth $1,598,000 after acquiring an additional 1,805 shares during the period. Finally, Investment Counsel Inc. grew its holdings in shares of SPDR S&P 500 ETF Trust by 28.2% in the 4th quarter. Investment Counsel Inc. now owns 7,214 shares of the company’s stock worth $1,925,000 after acquiring an additional 1,585 shares during the period.

Separately, S&P Equity Research initiated coverage on SPDR S&P 500 ETF Trust in a report on Monday, December 11th. They issued a $3,000.00 price target on the stock.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at $264.39 on Tuesday. The firm has a market capitalization of $271,710.00 and a P/E ratio of -181.74. SPDR S&P 500 ETF Trust has a fifty-two week low of $231.61 and a fifty-two week high of $286.63.

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Investors of record on Monday, December 18th were issued a $1.3513 dividend. The ex-dividend date was Friday, December 15th. This represents a $5.41 dividend on an annualized basis and a dividend yield of 2.04%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. SPDR S&P 500 ETF Trust’s dividend payout ratio is currently -328.77%.

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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.

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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