Addenda Capital Inc. Sells 4,170 Shares of SPDR S&P 500 ETF Trust (SPY)

Addenda Capital Inc. decreased its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 3.6% in the 3rd quarter, Holdings Channel reports. The firm owned 112,379 shares of the company’s stock after selling 4,170 shares during the period. SPDR S&P 500 ETF Trust makes up approximately 2.7% of Addenda Capital Inc.’s holdings, making the stock its 10th largest holding. Addenda Capital Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $32,797,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Hartford Financial Management Inc. bought a new position in SPDR S&P 500 ETF Trust during the 2nd quarter worth $139,000. LifePlan Financial Group Inc increased its position 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 buying an additional 188 shares during the period. WP Advisors LLC bought a new position in SPDR S&P 500 ETF Trust during the 2nd quarter worth $165,000. Mainstay Capital Management LLC ADV increased its position 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 buying an additional 43,245 shares during the period. Finally, Trilogy Capital Inc. bought a new position in SPDR S&P 500 ETF Trust during the 2nd quarter worth $197,000.

Shares of NYSEARCA SPY opened at $276.40 on Friday. 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 declared a quarterly dividend, which will be paid on Wednesday, October 31st. Investors of record on Monday, September 24th will be given a $1.3226 dividend. The ex-dividend date of this dividend is Friday, September 21st. This represents a $5.29 dividend on an annualized basis and a dividend yield of 1.91%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25.

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.

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Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSEARCA:SPY).

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

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