Manning & Napier Group LLC increased its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 18.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 31,059 shares of the company’s stock after purchasing an additional 4,792 shares during the period. Manning & Napier Group LLC’s holdings in SPDR S&P 500 ETF Trust were worth $9,029,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Peavine Capital LLC increased its stake in SPDR S&P 500 ETF Trust by 1.7% in the 2nd quarter. Peavine Capital LLC now owns 285,398 shares of the company’s stock worth $77,423,000 after acquiring an additional 4,669 shares during the last quarter. Univest Corp of Pennsylvania bought a new position in SPDR S&P 500 ETF Trust in the 3rd quarter worth about $524,000. Charles Schwab Investment Advisory Inc. increased its stake in SPDR S&P 500 ETF Trust by 81,315.3% in the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 1,396,273 shares of the company’s stock worth $378,782,000 after acquiring an additional 1,394,558 shares during the last quarter. Biltmore Family Office LLC increased its stake in SPDR S&P 500 ETF Trust by 10.9% in the 2nd quarter. Biltmore Family Office LLC now owns 4,479 shares of the company’s stock worth $1,221,000 after acquiring an additional 442 shares during the last quarter. Finally, Merriman Wealth Management LLC bought a new position in SPDR S&P 500 ETF Trust in the 2nd quarter worth about $4,139,000.
Shares of NYSEARCA SPY 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 firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be paid a $1.3226 dividend. 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%. The ex-dividend date of this dividend is Friday, September 21st.
SPDR S&P 500 ETF Trust Company 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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