Wallington Asset Management LLC Boosts Position in SPDR S&P 500 ETF Trust (SPY)

Wallington Asset Management LLC increased its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 9.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 12,100 shares of the company’s stock after buying an additional 995 shares during the quarter. Wallington Asset Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $3,518,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of SPY. Hartford Financial Management Inc. bought a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $139,000. LifePlan Financial Group Inc increased its holdings in SPDR S&P 500 ETF Trust by 48.6% during the 2nd quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock worth $156,000 after purchasing an additional 188 shares in the last quarter. WP Advisors LLC bought a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $165,000. Mainstay Capital Management LLC ADV increased its holdings in SPDR S&P 500 ETF Trust by 15,227.1% during the 2nd quarter. Mainstay Capital Management LLC ADV now owns 43,529 shares of the company’s stock worth $194,000 after purchasing an additional 43,245 shares in the last quarter. Finally, Trilogy Capital Inc. bought a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth approximately $197,000.

Shares of SPY opened at $280.45 on Thursday. SPDR S&P 500 ETF Trust has a 52 week low of $252.92 and a 52 week high of $293.94.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th will be issued a dividend of $1.3226 per share. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25. This represents a $5.29 dividend on an annualized basis and a yield of 1.89%. The ex-dividend date is Friday, September 21st.

About SPDR S&P 500 ETF Trust

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.

See Also: Why is the ex-dividend date different from the record date?

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

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