Lourd Capital LLC Invests $1.06 Million in SPDR S&P 500 ETF Trust (SPY)

Lourd Capital LLC bought a new position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 3,634 shares of the company’s stock, valued at approximately $1,056,000.

Several other hedge funds have also recently bought and sold shares of SPY. LFA Lugano Financial Advisors SA purchased a new position in SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $12,474,000. Summit Trail Advisors LLC lifted its stake in SPDR S&P 500 ETF Trust by 11,199.3% in the 1st quarter. Summit Trail Advisors LLC now owns 6,770,101 shares of the company’s stock valued at $6,770,000 after buying an additional 6,710,185 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives lifted its stake in SPDR S&P 500 ETF Trust by 79.9% in the 2nd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,425,032 shares of the company’s stock valued at $2,285,543,000 after buying an additional 3,742,200 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $488,420,000. Finally, Natixis lifted its stake in SPDR S&P 500 ETF Trust by 76.5% in the 1st quarter. Natixis now owns 3,537,295 shares of the company’s stock valued at $930,839,000 after buying an additional 1,533,406 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust stock opened at $275.95 on Friday. SPDR S&P 500 ETF Trust has a twelve month low of $252.92 and a twelve month high of $293.94.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Monday, September 24th will be paid a $1.3226 dividend. The ex-dividend date is Friday, September 21st. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 dividend on an annualized basis and a yield of 1.92%.

About SPDR S&P 500 ETF Trust

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 (NYSEARCA:SPY)

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