SPDR S&P 500 ETF Trust (SPY) Shares Bought by Oxbow Advisors LLC

Oxbow Advisors LLC increased its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 8.4% in the fourth quarter, Holdings Channel reports. The fund owned 5,336 shares of the company’s stock after buying an additional 413 shares during the period. Oxbow Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $1,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently modified their holdings of the stock. J.P. Marvel Investment Advisors LLC grew its position in SPDR S&P 500 ETF Trust by 0.3% during the 2nd quarter. J.P. Marvel Investment Advisors LLC now owns 3,539 shares of the company’s stock worth $856,000 after purchasing an additional 9 shares during the period. Lehman Financial Resources Inc. grew its position in SPDR S&P 500 ETF Trust by 1.3% during the 2nd quarter. Lehman Financial Resources Inc. now owns 1,976 shares of the company’s stock worth $476,000 after purchasing an additional 25 shares during the period. Scholtz & Company LLC grew its position in SPDR S&P 500 ETF Trust by 5.9% during the 2nd quarter. Scholtz & Company LLC now owns 1,175 shares of the company’s stock worth $284,000 after purchasing an additional 65 shares during the period. Waters Parkerson & CO. LLC grew its position in SPDR S&P 500 ETF Trust by 1.2% during the 2nd quarter. Waters Parkerson & CO. LLC now owns 6,331 shares of the company’s stock worth $1,531,000 after purchasing an additional 76 shares during the period. Finally, Greenwood Gearhart Inc. grew its position in SPDR S&P 500 ETF Trust by 4.3% during the 2nd quarter. Greenwood Gearhart Inc. now owns 2,144 shares of the company’s stock worth $518,000 after purchasing an additional 89 shares during the period.

Shares of SPDR S&P 500 ETF Trust (NYSEARCA SPY) opened at $267.67 on Thursday. The firm has a market capitalization of $287,500.00 and a PE ratio of -183.34. SPDR S&P 500 ETF Trust has a 12-month low of $228.31 and a 12-month high of $286.63.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 31st. Shareholders of record on Monday, December 18th were given a dividend of $1.3513 per share. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23. This represents a $5.41 annualized dividend and a yield of 2.02%. The ex-dividend date was Friday, December 15th. SPDR S&P 500 ETF Trust’s dividend payout ratio (DPR) is currently -328.77%.

Separately, S&P Equity Research started coverage on SPDR S&P 500 ETF Trust in a research report on Monday, December 11th. They set a $3,000.00 price target on the stock.

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SPDR S&P 500 ETF Trust Company 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.

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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