Pacific Wealth Strategies Group Inc. Sells 594 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Pacific Wealth Strategies Group Inc. lessened its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 7.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,799 shares of the company’s stock after selling 594 shares during the quarter. SPDR S&P 500 ETF Trust accounts for 1.4% of Pacific Wealth Strategies Group Inc.’s investment portfolio, making the stock its 27th largest position. Pacific Wealth Strategies Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $2,315,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the business. Morgan Stanley grew its stake in shares of SPDR S&P 500 ETF Trust by 29.6% during the 2nd quarter. Morgan Stanley now owns 34,706,179 shares of the company’s stock worth $10,168,910,000 after acquiring an additional 7,924,250 shares during the period. TD Asset Management Inc. grew its stake in shares of SPDR S&P 500 ETF Trust by 4.5% during the 2nd quarter. TD Asset Management Inc. now owns 12,478,128 shares of the company’s stock worth $3,656,092,000 after acquiring an additional 540,611 shares during the period. Northern Trust Corp grew its stake in shares of SPDR S&P 500 ETF Trust by 2.3% during the 2nd quarter. Northern Trust Corp now owns 11,773,892 shares of the company’s stock worth $3,449,751,000 after acquiring an additional 261,439 shares during the period. Allianz Asset Management GmbH grew its stake in shares of SPDR S&P 500 ETF Trust by 5.1% during the 2nd quarter. Allianz Asset Management GmbH now owns 7,802,342 shares of the company’s stock worth $2,286,087,000 after acquiring an additional 378,185 shares during the period. Finally, Mizuho Securities USA LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 56.5% during the 2nd quarter. Mizuho Securities USA LLC now owns 4,923,326 shares of the company’s stock worth $1,443,973,000 after acquiring an additional 1,776,784 shares during the period.

Shares of SPY stock traded up $2.09 on Wednesday, hitting $290.62. 12,030,933 shares of the stock were exchanged, compared to its average volume of 74,859,344. SPDR S&P 500 ETF Trust has a one year low of $233.76 and a one year high of $302.63. The firm’s 50 day moving average is $294.61 and its two-hundred day moving average is $291.18.

The company also recently declared a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be paid a dividend of $1.3836 per share. The ex-dividend date is Friday, September 20th. This represents a dividend yield of 1.8%.

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

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