Abner Herrman & Brock LLC boosted its holdings in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 11.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,046 shares of the company’s stock after acquiring an additional 218 shares during the quarter. Abner Herrman & Brock LLC’s holdings in SPDR S&P 500 ETF Trust were worth $511,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Cornerstone Investment Partners LLC increased its position in shares of SPDR S&P 500 ETF Trust by 55.3% during the 4th quarter. Cornerstone Investment Partners LLC now owns 5,704 shares of the company’s stock valued at $1,426,000 after purchasing an additional 2,031 shares during the period. Cullinan Associates Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 311.3% during the 4th quarter. Cullinan Associates Inc. now owns 156,390 shares of the company’s stock valued at $39,085,000 after purchasing an additional 118,371 shares during the period. Carroll Financial Associates Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 5.1% during the 4th quarter. Carroll Financial Associates Inc. now owns 57,483 shares of the company’s stock valued at $14,622,000 after purchasing an additional 2,780 shares during the period. Beacon Wealthcare Inc acquired a new position in shares of SPDR S&P 500 ETF Trust during the 4th quarter valued at $1,497,000. Finally, First Hawaiian Bank increased its position in shares of SPDR S&P 500 ETF Trust by 0.9% during the 4th quarter. First Hawaiian Bank now owns 429,702 shares of the company’s stock valued at $107,391,000 after purchasing an additional 3,701 shares during the period.

Shares of SPY stock traded down $0.75 during mid-day trading on Friday, hitting $258.13. 37,859,219 shares of the stock traded hands, compared to its average volume of 115,834,320. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $293.94.

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 31st. Stockholders of record on Monday, December 24th will be given a dividend of $1.4354 per share. The ex-dividend date of this dividend is Friday, December 21st. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.32. This represents a $5.74 annualized dividend and a dividend yield of 2.22%.

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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.

Further Reading: Technical Analysis of Stocks and What It Means

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

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