Manchester Capital Management LLC trimmed its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 400,404 shares of the company’s stock after selling 7,256 shares during the period. SPDR S&P 500 ETF Trust makes up 16.7% of Manchester Capital Management LLC’s investment portfolio, making the stock its 2nd biggest holding. Manchester Capital Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $116,405,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. LFA Lugano Financial Advisors SA purchased a new position in shares of SPDR S&P 500 ETF Trust during the 2nd quarter valued at $12,474,000. Northern Trust Corp grew its position in shares of SPDR S&P 500 ETF Trust by 0.3% during the 2nd quarter. Northern Trust Corp now owns 10,797,953 shares of the company’s stock valued at $2,929,269,000 after purchasing an additional 31,900 shares in the last quarter. National Mutual Insurance Federation of Agricultural Cooperatives grew its position in shares of SPDR S&P 500 ETF Trust by 79.9% during 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 purchasing an additional 3,742,200 shares in the last quarter. TD Asset Management Inc. grew its position in shares of SPDR S&P 500 ETF Trust by 8.1% during the 2nd quarter. TD Asset Management Inc. now owns 7,292,561 shares of the company’s stock valued at $1,978,326,000 after purchasing an additional 548,280 shares in the last quarter. Finally, FMR LLC grew its position in shares of SPDR S&P 500 ETF Trust by 4.1% during the 2nd quarter. FMR LLC now owns 5,410,740 shares of the company’s stock valued at $1,467,826,000 after purchasing an additional 213,339 shares in the last quarter.

NYSEARCA SPY opened at $273.02 on Friday. SPDR S&P 500 ETF Trust has a 52-week low of $252.92 and a 52-week high of $293.94.

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Monday, September 24th were issued a dividend of $1.3226 per share. This is an increase 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 dividend yield of 1.94%. The ex-dividend date of this dividend was Friday, September 21st.

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SPDR S&P 500 ETF Trust 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.

Further Reading: Market Capitalization – What it Means for Investors

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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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