REDW Stanley Financial Advisors LLC Sells 876 Shares of SPDR S&P 500 ETF Trust (SPY)

REDW Stanley Financial Advisors LLC trimmed its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,707 shares of the company’s stock after selling 876 shares during the period. SPDR S&P 500 ETF Trust comprises about 4.6% of REDW Stanley Financial Advisors LLC’s holdings, making the stock its 7th biggest holding. REDW Stanley Financial Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $6,892,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Hartford Financial Management Inc. purchased a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter worth about $139,000. LifePlan Financial Group Inc lifted its stake in SPDR S&P 500 ETF Trust by 48.6% in the 2nd quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock worth $156,000 after acquiring an additional 188 shares in the last quarter. WP Advisors LLC purchased a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter worth about $165,000. NuWave Investment Management LLC lifted its stake in SPDR S&P 500 ETF Trust by 283.0% in the 3rd quarter. NuWave Investment Management LLC now owns 609 shares of the company’s stock worth $177,000 after acquiring an additional 450 shares in the last quarter. Finally, Mainstay Capital Management LLC ADV lifted its stake in SPDR S&P 500 ETF Trust by 15,227.1% in the 2nd quarter. Mainstay Capital Management LLC ADV now owns 43,529 shares of the company’s stock worth $194,000 after acquiring an additional 43,245 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust stock opened at $271.89 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 firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were paid a $1.3226 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a yield of 1.95%. The ex-dividend date was Friday, September 21st.

SPDR S&P 500 ETF Trust Company 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.

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Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

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