Sand Hill Global Advisors LLC Buys 9,261 Shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Sand Hill Global Advisors LLC lifted its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,663,681 shares of the company’s stock after buying an additional 9,261 shares during the period. SPDR Portfolio S&P 500 ETF makes up approximately 4.9% of Sand Hill Global Advisors LLC’s investment portfolio, making the stock its 7th biggest holding. Sand Hill Global Advisors LLC owned 0.29% of SPDR Portfolio S&P 500 ETF worth $114,694,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. American Century Companies Inc. increased its holdings in SPDR Portfolio S&P 500 ETF by 6.4% in the fourth quarter. American Century Companies Inc. now owns 320,300 shares of the company’s stock valued at $22,081,000 after buying an additional 19,200 shares in the last quarter. MN Wealth Advisors LLC increased its stake in shares of SPDR Portfolio S&P 500 ETF by 7.0% in the 4th quarter. MN Wealth Advisors LLC now owns 29,869 shares of the company’s stock valued at $2,059,000 after purchasing an additional 1,960 shares in the last quarter. Barclays PLC grew its holdings in SPDR Portfolio S&P 500 ETF by 170.0% in the third quarter. Barclays PLC now owns 1,350 shares of the company’s stock valued at $91,000 after purchasing an additional 850 shares during the period. Shepherd Financial Partners LLC raised its stake in shares of SPDR Portfolio S&P 500 ETF by 5.3% during the 4th quarter. Shepherd Financial Partners LLC now owns 93,323 shares of the company’s stock worth $6,434,000 after buying an additional 4,676 shares during the period. Finally, Keybank National Association OH acquired a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter valued at $211,000.

SPDR Portfolio S&P 500 ETF Stock Down 0.2 %

SPLG opened at $59.33 on Tuesday. The company has a market cap of $53.55 billion, a price-to-earnings ratio of 24.63 and a beta of 1.01. The firm’s fifty day simple moving average is $68.36 and its two-hundred day simple moving average is $68.96. SPDR Portfolio S&P 500 ETF has a 52-week low of $56.67 and a 52-week high of $72.14.

SPDR Portfolio S&P 500 ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 28th were paid a dividend of $0.2174 per share. The ex-dividend date was Friday, March 28th.

About SPDR Portfolio S&P 500 ETF

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.