Sullivan Bruyette Speros & Blaney LLC Trims Holdings in SPDR S&P 500 ETF Trust (SPY)

Sullivan Bruyette Speros & Blaney LLC lessened its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,374,761 shares of the company’s stock after selling 29,679 shares during the quarter. SPDR S&P 500 ETF Trust accounts for 36.2% of Sullivan Bruyette Speros & Blaney LLC’s investment portfolio, making the stock its biggest position. Sullivan Bruyette Speros & Blaney LLC owned 0.15% of SPDR S&P 500 ETF Trust worth $399,670,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of SPY. Patriot Financial Group Insurance Agency LLC increased its position in shares of SPDR S&P 500 ETF Trust by 402.3% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 437 shares of the company’s stock worth $127,000 after acquiring an additional 350 shares during the last quarter. Hartford Financial Management Inc. purchased a new stake in shares of SPDR S&P 500 ETF Trust during the second quarter worth about $139,000. LifePlan Financial Group Inc increased its position in shares of SPDR S&P 500 ETF Trust by 48.6% during the second quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock worth $156,000 after acquiring an additional 188 shares during the last quarter. WP Advisors LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust during the second quarter worth about $165,000. Finally, NuWave Investment Management LLC increased its position in shares of SPDR S&P 500 ETF Trust by 283.0% during the third quarter. NuWave Investment Management LLC now owns 609 shares of the company’s stock worth $177,000 after acquiring an additional 450 shares during the last quarter.

Shares of NYSEARCA SPY opened at $277.76 on Friday. SPDR S&P 500 ETF Trust has a 1 year low of $252.92 and a 1 year high of $293.94.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Monday, September 24th were given a dividend of $1.3226 per share. This represents a $5.29 dividend on an annualized basis and a dividend yield of 1.90%. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. The ex-dividend date of this dividend was Friday, September 21st.

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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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