SPDR S&P 500 ETF Trust (SPY) Shares Sold by Cullen Frost Bankers Inc.

Cullen Frost Bankers Inc. reduced its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 0.6% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 103,317 shares of the company’s stock after selling 600 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 0.9% of Cullen Frost Bankers Inc.’s holdings, making the stock its 21st biggest holding. Cullen Frost Bankers Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $30,036,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SPY. Hartford Financial Management Inc. bought a new position in shares of SPDR S&P 500 ETF Trust during the second quarter valued at approximately $139,000. LifePlan Financial Group Inc grew its holdings in shares of 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 valued at $156,000 after purchasing an additional 188 shares during the last quarter. WP Advisors LLC bought a new position in shares of SPDR S&P 500 ETF Trust during the second quarter valued at approximately $165,000. NuWave Investment Management LLC grew its holdings in shares of SPDR S&P 500 ETF Trust by 283.0% during the third quarter. NuWave Investment Management LLC now owns 609 shares of the company’s stock valued at $177,000 after purchasing an additional 450 shares during the last quarter. Finally, Mainstay Capital Management LLC ADV grew its holdings in shares of 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 valued at $194,000 after purchasing an additional 43,245 shares during the last quarter.

NYSEARCA:SPY opened at $273.39 on Tuesday. SPDR S&P 500 ETF Trust has a 52 week low of $252.92 and a 52 week high of $293.94.

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Stockholders of record on Monday, September 24th were issued a dividend of $1.3226 per share. The ex-dividend date was Friday, September 21st. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a dividend yield of 1.94%.

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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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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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