SPDR S&P 500 ETF Trust (SPY) Holdings Cut by Asset Dedication LLC

Asset Dedication LLC lessened its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 7.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 8,207 shares of the company’s stock after selling 653 shares during the period. Asset Dedication LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,385,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Financial Advisory Group lifted its position in shares of SPDR S&P 500 ETF Trust by 2.4% in the 1st quarter. Financial Advisory Group now owns 268,774 shares of the company’s stock worth $70,728,000 after purchasing an additional 6,255 shares during the period. Summit Trail Advisors LLC lifted its position in SPDR S&P 500 ETF Trust by 11,199.3% during the 1st quarter. Summit Trail Advisors LLC now owns 6,770,101 shares of the company’s stock valued at $6,770,000 after acquiring an additional 6,710,185 shares during the period. MEMBERS Trust Co lifted its position in SPDR S&P 500 ETF Trust by 1.9% during the 1st quarter. MEMBERS Trust Co now owns 860,975 shares of the company’s stock valued at $226,565,000 after acquiring an additional 15,884 shares during the period. Equitec Specialists LLC lifted its position in SPDR S&P 500 ETF Trust by 220,000.0% during the 1st quarter. Equitec Specialists LLC now owns 2,201 shares of the company’s stock valued at $579,000 after acquiring an additional 2,200 shares during the period. Finally, BDO Wealth Advisors LLC lifted its position in SPDR S&P 500 ETF Trust by 44.0% during the 1st quarter. BDO Wealth Advisors LLC now owns 14,323 shares of the company’s stock valued at $3,769,000 after acquiring an additional 4,376 shares during the period.

Shares of NYSEARCA SPY 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 declared a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were given a dividend of $1.3226 per share. This is a boost 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 yield of 1.95%. The ex-dividend date of this dividend was Friday, September 21st.

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.

Read More: Terms to Better Understand Call Options

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

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