Van Hulzen Asset Management LLC reduced its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 36.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,523 shares of the company’s stock after selling 3,800 shares during the period. Van Hulzen Asset Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $1,639,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of SPY. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at about $148,000. WESPAC Advisors SoCal LLC boosted its holdings in shares of SPDR S&P 500 ETF Trust by 68.8% in the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock valued at $163,000 after acquiring an additional 275 shares in the last quarter. Almanack Investment Partners LLC. boosted its holdings in shares of SPDR S&P 500 ETF Trust by 2.6% in the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after acquiring an additional 18 shares in the last quarter. Garrison Financial Corp purchased a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at about $202,000. Finally, New England Investment & Retirement Group Inc. purchased a new stake in shares of SPDR S&P 500 ETF Trust in the third quarter valued at about $206,000.

Separately, S&P Equity Research initiated coverage on shares of SPDR S&P 500 ETF Trust in a report on Monday, December 11th. They issued a $3,000.00 target price on the stock.

Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) traded up $1.86 during trading hours on Monday, hitting $268.37. 144,590,313 shares of the stock traded hands, compared to its average volume of 70,501,313. SPDR S&P 500 ETF Trust has a 1-year low of $222.73 and a 1-year high of $267.56.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 31st. Stockholders of record on Monday, December 18th will be issued a $1.3513 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. The ex-dividend date is Friday, December 15th. This represents a $5.41 annualized dividend and a dividend yield of 2.01%. SPDR S&P 500 ETF Trust’s payout ratio is presently -328.77%.

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SPDR S&P 500 ETF Trust Company 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.

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

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