Sigma Investment Counselors Inc. lessened its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 22,116 shares of the company’s stock after selling 271 shares during the quarter. SPDR S&P 500 ETF Trust comprises approximately 0.7% of Sigma Investment Counselors Inc.’s investment portfolio, making the stock its 29th largest holding. Sigma Investment Counselors Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $7,118,000 at the end of the most recent quarter.
A number of other large investors have also modified their holdings of SPY. Bogart Wealth LLC lifted its holdings in SPDR S&P 500 ETF Trust by 2,245,986.8% during the third quarter. Bogart Wealth LLC now owns 12,802,695 shares of the company’s stock valued at $12,971,000 after purchasing an additional 12,802,125 shares in the last quarter. Voloridge Investment Management LLC raised its position in SPDR S&P 500 ETF Trust by 62.3% in the third quarter. Voloridge Investment Management LLC now owns 2,811,465 shares of the company’s stock valued at $834,358,000 after purchasing an additional 1,078,726 shares during the period. CHURCHILL MANAGEMENT Corp raised its position in SPDR S&P 500 ETF Trust by 0.7% in the third quarter. CHURCHILL MANAGEMENT Corp now owns 2,510,066 shares of the company’s stock valued at $744,912,000 after purchasing an additional 18,097 shares during the period. Dupont Capital Management Corp raised its stake in shares of SPDR S&P 500 ETF Trust by 74.2% in the third quarter. Dupont Capital Management Corp now owns 2,382,354 shares of the company’s stock valued at $707,011,000 after acquiring an additional 1,014,960 shares in the last quarter. Finally, Commonwealth Equity Services LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 3.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,201,257 shares of the company’s stock worth $356,497,000 after purchasing an additional 43,227 shares during the last quarter.
Shares of SPY stock opened at $331.30 on Wednesday. SPDR S&P 500 ETF Trust has a 52-week low of $260.66 and a 52-week high of $332.18. The stock’s 50-day moving average price is $321.81 and its 200 day moving average price is $304.63.
The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, December 23rd will be given a dividend of $1.57 per share. This represents a $6.28 dividend on an annualized basis and a yield of 1.90%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. The ex-dividend date is Friday, December 20th.
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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