Arkansas Financial Group Inc. Sells 325 Shares of SPDR S&P 500 ETF Trust (SPY)

Arkansas Financial Group Inc. trimmed its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 1.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,820 shares of the company’s stock after selling 325 shares during the period. SPDR S&P 500 ETF Trust comprises approximately 2.4% of Arkansas Financial Group Inc.’s investment portfolio, making the stock its 7th largest holding. Arkansas Financial Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $5,231,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in SPY. CKW Financial Group raised its stake in SPDR S&P 500 ETF Trust by 0.3% in the 2nd quarter. CKW Financial Group now owns 606 shares of the company’s stock valued at $147,000 after acquiring an additional 2 shares during the period. Kohmann Bosshard Financial Services LLC bought a new stake in SPDR S&P 500 ETF Trust in the 3rd quarter valued at about $148,000. WESPAC Advisors SoCal LLC raised its stake in SPDR S&P 500 ETF Trust by 68.8% in the 2nd quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the company’s stock valued at $163,000 after acquiring an additional 275 shares during the period. Almanack Investment Partners LLC. raised its stake in SPDR S&P 500 ETF Trust by 2.6% in the 2nd quarter. Almanack Investment Partners LLC. now owns 698 shares of the company’s stock valued at $170,000 after acquiring an additional 18 shares during the period. Finally, Logan Capital Management Inc. bought a new stake in SPDR S&P 500 ETF Trust in the 2nd quarter valued at about $201,000.

Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) opened at $258.30 on Tuesday. SPDR S&P 500 ETF Trust has a 52 week low of $219.00 and a 52 week high of $259.35.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Monday, September 18th were paid a $1.2346 dividend. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. This represents a $4.94 dividend on an annualized basis and a yield of 1.91%. The ex-dividend date was Friday, September 15th. SPDR S&P 500 ETF Trust’s payout ratio is currently -327.40%.

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

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