Schroder Investment Management Group increased its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 87.7% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,988 shares of the company’s stock after buying an additional 40,642 shares during the quarter. Schroder Investment Management Group’s holdings in SPDR S&P 500 ETF Trust were worth $23,565,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of SPY. Hartford Financial Management Inc. acquired a new stake in SPDR S&P 500 ETF Trust during the second quarter worth approximately $139,000. LifePlan Financial Group Inc grew its position in 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 buying an additional 188 shares in the last quarter. WP Advisors LLC acquired a new stake in SPDR S&P 500 ETF Trust during the second quarter worth approximately $165,000. AllSquare Wealth Management LLC grew its position in SPDR S&P 500 ETF Trust by 182.8% during the first quarter. AllSquare Wealth Management LLC now owns 642 shares of the company’s stock worth $169,000 after buying an additional 415 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV grew its position in SPDR S&P 500 ETF Trust by 15,227.1% during the second quarter. Mainstay Capital Management LLC ADV now owns 43,529 shares of the company’s stock worth $194,000 after buying an additional 43,245 shares in the last quarter.
Shares of NYSEARCA:SPY opened at $275.95 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 business also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Monday, September 24th will be given a dividend of $1.3226 per share. The ex-dividend date is Friday, September 21st. This represents a $5.29 dividend on an annualized basis and a yield of 1.92%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25.
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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