Welch & Forbes LLC Grows Stock Holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

Welch & Forbes LLC lifted its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 2.2% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,121 shares of the company’s stock after buying an additional 749 shares during the quarter. Welch & Forbes LLC’s holdings in SPDR S&P 500 ETF Trust were worth $11,304,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SPY. Murphy Middleton Hinkle & Parker Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.4% in the 4th quarter. Murphy Middleton Hinkle & Parker Inc. now owns 8,271 shares of the company’s stock worth $2,662,000 after buying an additional 37 shares during the last quarter. Lake Street Financial LLC increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.8% in the 4th quarter. Lake Street Financial LLC now owns 4,576 shares of the company’s stock worth $1,473,000 after buying an additional 37 shares during the last quarter. ICONIQ Capital LLC increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.4% in the 2nd quarter. ICONIQ Capital LLC now owns 9,534 shares of the company’s stock worth $2,807,000 after buying an additional 40 shares during the last quarter. Farmers & Merchants Investments Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.7% in the 3rd quarter. Farmers & Merchants Investments Inc. now owns 6,185 shares of the company’s stock worth $1,836,000 after buying an additional 40 shares during the last quarter. Finally, Mirador Capital Partners LP increased its holdings in shares of SPDR S&P 500 ETF Trust by 2.3% in the 3rd quarter. Mirador Capital Partners LP now owns 1,788 shares of the company’s stock worth $531,000 after buying an additional 40 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust stock traded up $0.55 during trading hours on Friday, reaching $331.47. The company’s stock had a trading volume of 1,882,595 shares, compared to its average volume of 58,167,547. The firm has a 50 day moving average price of $320.05 and a 200-day moving average price of $303.71. SPDR S&P 500 ETF Trust has a one year low of $259.96 and a one year high of $330.92.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Monday, December 23rd will be issued a $1.57 dividend. The ex-dividend date of this dividend is Friday, December 20th. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $6.28 dividend on an annualized basis and a dividend yield of 1.89%.

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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