Capital Advisors Inc. OK decreased its stake in shares of SPDR S&P 500 Trust ETF (NYSEARCA:SPY) by 5.3% during the first quarter, HoldingsChannel.com reports. The firm owned 8,597 shares of the company’s stock after selling 482 shares during the quarter. Capital Advisors Inc. OK’s holdings in SPDR S&P 500 Trust ETF were worth $2,262,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in SPY. Independence Bank of Kentucky bought a new position in SPDR S&P 500 Trust ETF in the fourth quarter worth approximately $100,000. Tradewinds Capital Management LLC raised its position in SPDR S&P 500 Trust ETF by 100.0% in the first quarter. Tradewinds Capital Management LLC now owns 382 shares of the company’s stock worth $101,000 after acquiring an additional 191 shares during the period. Guidant Wealth Advisors raised its position in SPDR S&P 500 Trust ETF by 533.5% in the fourth quarter. Guidant Wealth Advisors now owns 1,267 shares of the company’s stock worth $114,000 after acquiring an additional 1,067 shares during the period. Keeler Thomas Management LLC bought a new position in SPDR S&P 500 Trust ETF in the fourth quarter worth approximately $133,000. Finally, Icon Wealth Partners LLC bought a new position in SPDR S&P 500 Trust ETF in the fourth quarter worth approximately $133,000.
SPDR S&P 500 Trust ETF opened at $272.01 on Friday, according to MarketBeat.com. SPDR S&P 500 Trust ETF has a 1-year low of $270.49 and a 1-year high of $271.99.
The firm also recently declared a quarterly dividend, which was paid on Monday, April 30th. Shareholders of record on Monday, March 19th were given a $1.0968 dividend. The ex-dividend date was Friday, March 16th. This represents a $4.39 annualized dividend and a yield of 1.61%.
About SPDR S&P 500 Trust ETF
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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