Founders Capital Management raised its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 44.2% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 375 shares of the company’s stock after purchasing an additional 115 shares during the quarter. Founders Capital Management’s holdings in SPDR S&P 500 ETF Trust were worth $111,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. Koshinski Asset Management Inc. increased its position in SPDR S&P 500 ETF Trust by 30.2% during the 2nd quarter. Koshinski Asset Management Inc. now owns 13,121 shares of the company’s stock valued at $3,845,000 after purchasing an additional 3,045 shares during the period. Ledyard National Bank boosted its position in shares of SPDR S&P 500 ETF Trust by 3.9% during the 2nd quarter. Ledyard National Bank now owns 20,818 shares of the company’s stock valued at $6,100,000 after acquiring an additional 791 shares during the last quarter. Patten Group Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 1.7% during the 2nd quarter. Patten Group Inc. now owns 14,906 shares of the company’s stock valued at $4,368,000 after acquiring an additional 249 shares during the last quarter. Financial Partners Group Inc boosted its position in shares of SPDR S&P 500 ETF Trust by 4.1% during the 2nd quarter. Financial Partners Group Inc now owns 7,984 shares of the company’s stock valued at $2,339,000 after acquiring an additional 317 shares during the last quarter. Finally, Carroll Financial Associates Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 1.4% during the 2nd quarter. Carroll Financial Associates Inc. now owns 61,463 shares of the company’s stock valued at $18,008,000 after acquiring an additional 865 shares during the last quarter.

Shares of NYSEARCA SPY traded up $1.48 during midday trading on Thursday, reaching $292.75. 29,857,164 shares of the stock traded hands, compared to its average volume of 74,798,141. SPDR S&P 500 ETF Trust has a one year low of $233.76 and a one year high of $302.63. The company’s 50 day moving average is $294.59 and its 200 day moving average is $291.21.

The company also recently announced a — dividend, which will be paid on Thursday, October 31st. Stockholders of record on Monday, September 23rd will be given a dividend of $1.3836 per share. The ex-dividend date is Friday, September 20th. This represents a dividend yield of 1.8%.

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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