SPDR S&P 500 ETF Trust (NYSEARCA:SPY) is Stelac Advisory Services LLC’s Largest Position

Stelac Advisory Services LLC lessened its stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 44.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 187,253 shares of the company’s stock after selling 149,569 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 23.0% of Stelac Advisory Services LLC’s investment portfolio, making the stock its biggest position. Stelac Advisory Services LLC’s holdings in SPDR S&P 500 ETF Trust were worth $47,232,000 as of its most recent filing with the SEC.

A number of other large investors also recently made changes to their positions in the business. Peak Capital Management LLC purchased a new position in SPDR S&P 500 ETF Trust in the third quarter valued at about $28,000. Signet Investment Advisory Group Inc. purchased a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth about $47,000. First PREMIER Bank increased its position in shares of SPDR S&P 500 ETF Trust by 134.8% during the fourth quarter. First PREMIER Bank now owns 270 shares of the company’s stock worth $67,000 after acquiring an additional 155 shares during the last quarter. Avondale Wealth Management purchased a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth about $75,000. Finally, JJJ Advisors Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 17.3% during the fourth quarter. JJJ Advisors Inc. now owns 318 shares of the company’s stock worth $79,000 after acquiring an additional 47 shares during the last quarter.

NYSEARCA:SPY traded up $0.57 during mid-day trading on Friday, reaching $290.02. The stock had a trading volume of 68,708,513 shares, compared to its average volume of 78,904,547. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $293.94.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Investors of record on Monday, March 18th will be paid a $1.2331 dividend. The ex-dividend date of this dividend is Friday, March 15th. This represents a $4.93 dividend on an annualized basis and a yield of 1.70%.

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SPDR S&P 500 ETF Trust 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.

See Also: Balance Sheet

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

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