Gilbert & Cook Inc. lessened its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.3% during the fourth quarter, Holdings Channel reports. The institutional investor owned 5,327 shares of the company’s stock after selling 361 shares during the quarter. SPDR S&P 500 ETF Trust accounts for about 0.5% of Gilbert & Cook Inc.’s holdings, making the stock its 28th biggest position. Gilbert & Cook Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $1,422,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Guidant Wealth Advisors grew its stake in shares of SPDR S&P 500 ETF Trust by 533.5% in the 4th quarter. Guidant Wealth Advisors now owns 1,267 shares of the company’s stock valued at $114,000 after purchasing an additional 1,067 shares during the last quarter. Portfolio Solutions LLC grew its stake in shares of SPDR S&P 500 ETF Trust by 137.9% in the 4th quarter. Portfolio Solutions LLC now owns 521 shares of the company’s stock valued at $139,000 after purchasing an additional 302 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of SPDR S&P 500 ETF Trust in the 3rd quarter valued at approximately $148,000. Akanthos Capital Management LLC purchased a new position in shares of SPDR S&P 500 ETF Trust in the 3rd quarter valued at approximately $158,000. Finally, Orrstown Financial Services Inc. grew its stake in shares of SPDR S&P 500 ETF Trust by 73.1% in the 4th quarter. Orrstown Financial Services Inc. now owns 592 shares of the company’s stock valued at $158,000 after purchasing an additional 250 shares during the last quarter.

SPDR S&P 500 ETF Trust (SPY) opened at $261.50 on Monday. SPDR S&P 500 ETF Trust has a 12 month low of $230.62 and a 12 month high of $286.63. The firm has a market capitalization of $267,840.00 and a P/E ratio of -179.11.

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th were paid a $1.3513 dividend. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $5.41 annualized dividend and a dividend yield of 2.07%. The ex-dividend date of this dividend was Friday, December 15th. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is -328.77%.

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

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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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