Welch & Forbes LLC boosted its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 7.3% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 37,586 shares of the company’s stock after buying an additional 2,553 shares during the quarter. Welch & Forbes LLC’s holdings in SPDR S&P 500 ETF Trust were worth $10,928,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Financial Advisory Group raised its holdings in SPDR S&P 500 ETF Trust by 2.4% in the 1st quarter. Financial Advisory Group now owns 268,774 shares of the company’s stock valued at $70,728,000 after acquiring an additional 6,255 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec acquired a new position in SPDR S&P 500 ETF Trust in the 1st quarter valued at $107,236,000. Aldebaran Financial Inc. raised its holdings in SPDR S&P 500 ETF Trust by 2.4% in the 1st quarter. Aldebaran Financial Inc. now owns 17,051 shares of the company’s stock valued at $4,487,000 after acquiring an additional 400 shares during the last quarter. CT Mason acquired a new position in SPDR S&P 500 ETF Trust in the 1st quarter valued at $271,000. Finally, Pin Oak Investment Advisors Inc. raised its holdings in SPDR S&P 500 ETF Trust by 118.8% in the 1st quarter. Pin Oak Investment Advisors Inc. now owns 4,805 shares of the company’s stock valued at $1,264,000 after acquiring an additional 2,609 shares during the last quarter.

Shares of SPY opened at $276.25 on Friday. SPDR S&P 500 ETF Trust has a fifty-two week low of $252.92 and a fifty-two week high of $293.94.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be issued a $1.3226 dividend. The ex-dividend date is Friday, September 21st. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 annualized dividend and a yield of 1.92%.

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.

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

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