Balasa Dinverno & Foltz LLC cut its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 7.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 8,287 shares of the exchange traded fund’s stock after selling 628 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 0.3% of Balasa Dinverno & Foltz LLC’s holdings, making the stock its 24th biggest holding. Balasa Dinverno & Foltz LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,082,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Baltimore Washington Financial Advisors Inc. grew its stake in shares of SPDR S&P 500 ETF Trust by 8.0% during the 3rd quarter. Baltimore Washington Financial Advisors Inc. now owns 8,476 shares of the exchange traded fund’s stock valued at $2,129,000 after buying an additional 630 shares during the period. BerganKDV Wealth Management LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 4.8% during the 3rd quarter. BerganKDV Wealth Management LLC now owns 5,807 shares of the exchange traded fund’s stock valued at $1,459,000 after buying an additional 265 shares during the period. FormulaFolio Investments LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 12.2% during the 3rd quarter. FormulaFolio Investments LLC now owns 4,982 shares of the exchange traded fund’s stock valued at $1,252,000 after buying an additional 541 shares during the period. GenWealth Group Inc. boosted its position in SPDR S&P 500 ETF Trust by 42.0% during the 3rd quarter. GenWealth Group Inc. now owns 35,834 shares of the exchange traded fund’s stock worth $9,002,000 after purchasing an additional 10,606 shares during the period. Finally, Howe & Rusling Inc. boosted its position in SPDR S&P 500 ETF Trust by 1.1% during the 3rd quarter. Howe & Rusling Inc. now owns 31,863 shares of the exchange traded fund’s stock worth $8,005,000 after purchasing an additional 361 shares during the period.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at $258.45 on Friday. SPDR S&P 500 ETF Trust has a 12-month low of $208.38 and a 12-month high of $258.50.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, September 18th were given a dividend of $1.2346 per share. This represents a $4.94 dividend on an annualized basis and a yield of 1.91%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date was Friday, September 15th.

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SPDR S&P 500 ETF Trust 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.

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

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