Stanley Laman Group Ltd. cut its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 19.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,837 shares of the company’s stock after selling 924 shares during the quarter. Stanley Laman Group Ltd.’s holdings in SPDR S&P 500 ETF Trust were worth $1,115,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of the company. LFA Lugano Financial Advisors SA acquired a new stake in SPDR S&P 500 ETF Trust in the second quarter worth $12,474,000. National Mutual Insurance Federation of Agricultural Cooperatives grew its holdings in SPDR S&P 500 ETF Trust by 79.9% in the second quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,425,032 shares of the company’s stock worth $2,285,543,000 after purchasing an additional 3,742,200 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in SPDR S&P 500 ETF Trust in the second quarter worth $488,420,000. Gradient Investments LLC grew its holdings in SPDR S&P 500 ETF Trust by 41,603.0% in the third quarter. Gradient Investments LLC now owns 1,407,059 shares of the company’s stock worth $409,060,000 after purchasing an additional 1,403,685 shares during the period. Finally, Charles Schwab Investment Advisory Inc. grew its holdings in SPDR S&P 500 ETF Trust by 81,315.3% in the second quarter. Charles Schwab Investment Advisory Inc. now owns 1,396,273 shares of the company’s stock worth $378,782,000 after purchasing an additional 1,394,558 shares during the period.
NYSEARCA:SPY opened at $277.76 on Friday. SPDR S&P 500 ETF Trust has a 12 month low of $252.92 and a 12 month high of $293.94.
The business also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th were issued a $1.3226 dividend. This represents a $5.29 dividend on an annualized basis and a yield of 1.90%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. The ex-dividend date was Friday, September 21st.
COPYRIGHT VIOLATION WARNING: “SPDR S&P 500 ETF Trust (SPY) Stake Decreased by Stanley Laman Group Ltd.” was published by American Banking News and is owned by of American Banking News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.americanbankingnews.com/2018/11/10/spdr-sp-500-etf-trust-spy-stake-decreased-by-stanley-laman-group-ltd.html.
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.
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).
Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.