Shell Asset Management Co. acquired a new position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 6,233,959 shares of the exchange traded fund’s stock, valued at approximately $1,228,215,000. SPDR S&P 500 ETF Trust comprises 20.6% of Shell Asset Management Co.’s holdings, making the stock its largest position.

Several other institutional investors have also bought and sold shares of the company. Stokes & Hubbell Capital Management LLC boosted its stake in shares of SPDR S&P 500 ETF Trust by 12.2% during the 3rd quarter. Stokes & Hubbell Capital Management LLC now owns 1,871 shares of the exchange traded fund’s stock worth $470,000 after buying an additional 203 shares during the last quarter. Lenox Wealth Advisors Inc. boosted its stake in shares of SPDR S&P 500 ETF Trust by 1.1% during the 3rd quarter. Lenox Wealth Advisors Inc. now owns 288,005 shares of the exchange traded fund’s stock worth $72,355,000 after buying an additional 3,136 shares during the last quarter. Curbstone Financial Management Corp boosted its stake in shares of SPDR S&P 500 ETF Trust by 100.0% during the 3rd quarter. Curbstone Financial Management Corp now owns 1,890 shares of the exchange traded fund’s stock worth $475,000 after buying an additional 945 shares during the last quarter. Astor Investment Management LLC boosted its stake in shares of SPDR S&P 500 ETF Trust by 221.2% during the 3rd quarter. Astor Investment Management LLC now owns 51,772 shares of the exchange traded fund’s stock worth $13,007,000 after buying an additional 35,656 shares during the last quarter. Finally, MPS Loria Financial Planners LLC acquired a new position in shares of SPDR S&P 500 ETF Trust during the 2nd quarter worth about $449,000.

SPDR S&P 500 ETF Trust (NYSE SPY) opened at $258.45 on Friday. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $258.50.

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

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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.

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

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