KBC Group NV Has $5.20 Million Holdings in SPDR S&P 500 ETF Trust (SPY)
KBC Group NV raised its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 56.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,716 shares of the company’s stock after acquiring an additional 7,480 shares during the period. KBC Group NV’s holdings in SPDR S&P 500 ETF Trust were worth $5,204,000 as of its most recent SEC filing.
A number of other large investors also recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC bought a new stake in shares of SPDR S&P 500 ETF Trust during the third quarter worth $148,000. WESPAC Advisors SoCal LLC grew its holdings in shares of SPDR S&P 500 ETF Trust by 68.8% during the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock worth $163,000 after purchasing an additional 275 shares during the last quarter. Almanack Investment Partners LLC. grew its holdings in shares of SPDR S&P 500 ETF Trust by 2.6% during the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock worth $170,000 after purchasing an additional 18 shares during the last quarter. Garrison Financial Corp bought a new stake in shares of SPDR S&P 500 ETF Trust during the third quarter worth $202,000. Finally, New England Investment & Retirement Group Inc. bought a new stake in shares of SPDR S&P 500 ETF Trust during the third quarter worth $206,000.
Separately, S&P Equity Research assumed coverage on SPDR S&P 500 ETF Trust in a report on Monday, December 11th. They set a $3,000.00 target price on the stock.
Shares of SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $267.51 on Monday. The company has a market capitalization of $277,330.00 and a price-to-earnings ratio of -183.23. SPDR S&P 500 ETF Trust has a 1-year low of $222.73 and a 1-year high of $268.60.
The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Monday, December 18th will be issued a $1.3513 dividend. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. The ex-dividend date of this dividend is Friday, December 15th. This represents a $5.41 annualized dividend and a yield of 2.02%. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is currently -328.77%.
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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.
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