Traders Buy Shares of SPDR Portfolio Large Cap ETF (SPLG) on Weakness

Traders purchased shares of SPDR Portfolio Large Cap ETF (NYSEARCA:SPLG) on weakness during trading hours on Wednesday. $56.79 million flowed into the stock on the tick-up and $5.80 million flowed out of the stock on the tick-down, for a money net flow of $50.99 million into the stock. Of all equities tracked, SPDR Portfolio Large Cap ETF had the 15th highest net in-flow for the day. SPDR Portfolio Large Cap ETF traded down ($0.03) for the day and closed at $32.81

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 26th. Shareholders of record on Monday, September 24th were paid a $0.1885 dividend. The ex-dividend date was Friday, September 21st. This represents a $0.75 dividend on an annualized basis and a yield of 2.30%. This is a boost from SPDR Portfolio Large Cap ETF’s previous quarterly dividend of $0.15.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. CWM LLC lifted its stake in SPDR Portfolio Large Cap ETF by 8.3% in the second quarter. CWM LLC now owns 3,448,276 shares of the company’s stock valued at $109,931,000 after buying an additional 263,723 shares during the last quarter. Gradient Investments LLC raised its stake in shares of SPDR Portfolio Large Cap ETF by 7.3% during the third quarter. Gradient Investments LLC now owns 2,462,534 shares of the company’s stock worth $83,899,000 after purchasing an additional 167,226 shares during the last quarter. Shepherd Financial Partners LLC raised its stake in shares of SPDR Portfolio Large Cap ETF by 1.9% during the second quarter. Shepherd Financial Partners LLC now owns 1,757,636 shares of the company’s stock worth $56,189,000 after purchasing an additional 33,160 shares during the last quarter. Trilogy Capital Inc. raised its stake in shares of SPDR Portfolio Large Cap ETF by 9.5% during the second quarter. Trilogy Capital Inc. now owns 1,543,384 shares of the company’s stock worth $49,203,000 after purchasing an additional 133,280 shares during the last quarter. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in shares of SPDR Portfolio Large Cap ETF during the second quarter worth approximately $46,231,000.

SPDR Portfolio Large Cap ETF Company Profile (NYSEARCA:SPLG)

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.

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