Schroder Investment Management Group grew its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 50,290 shares of the company’s stock after purchasing an additional 1,001 shares during the period. Schroder Investment Management Group’s holdings in SPDR S&P 500 ETF Trust were worth $12,590,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Beach Investment Management LLC. bought a new stake in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $3,460,000. Smith Asset Management Group LP bought a new stake in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $488,000. Sigma Planning Corp lifted its holdings in shares of SPDR S&P 500 ETF Trust by 6.8% during the 2nd quarter. Sigma Planning Corp now owns 39,026 shares of the company’s stock worth $9,437,000 after acquiring an additional 2,496 shares during the period. IFC Holdings Incorporated FL lifted its holdings in shares of SPDR S&P 500 ETF Trust by 10.3% during the 2nd quarter. IFC Holdings Incorporated FL now owns 54,909 shares of the company’s stock worth $13,280,000 after acquiring an additional 5,132 shares during the period. Finally, Wedbush Securities Inc. lifted its holdings in shares of SPDR S&P 500 ETF Trust by 7.5% during the 2nd quarter. Wedbush Securities Inc. now owns 17,918 shares of the company’s stock worth $4,332,000 after acquiring an additional 1,252 shares during the period.

SPDR S&P 500 ETF Trust (SPY) opened at $267.03 on Thursday. SPDR S&P 500 ETF Trust has a 12-month low of $222.73 and a 12-month high of $268.60.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Monday, December 18th will be given a dividend of $1.3513 per share. The ex-dividend date of this dividend is Friday, December 15th. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $5.41 annualized dividend and a dividend yield of 2.02%. SPDR S&P 500 ETF Trust’s dividend payout ratio is -328.77%.

Separately, S&P Equity Research started coverage on shares of SPDR S&P 500 ETF Trust in a research note on Monday, December 11th. They issued a $3,000.00 price objective for the company.

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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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