Shepherd Financial Partners LLC Has $87.85 Million Stake in SPDR S&P 500 ETF Trust (SPY)

Shepherd Financial Partners LLC raised its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 6.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 352,139 shares of the company’s stock after buying an additional 20,337 shares during the period. SPDR S&P 500 ETF Trust comprises 19.1% of Shepherd Financial Partners LLC’s portfolio, making the stock its biggest position. Shepherd Financial Partners LLC’s holdings in SPDR S&P 500 ETF Trust were worth $87,851,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. James Investment Research Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 2.5% during the fourth quarter. James Investment Research Inc. now owns 1,615 shares of the company’s stock worth $404,000 after purchasing an additional 40 shares in the last quarter. Wells Trecaso Financial Group LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 1.5% during the fourth quarter. Wells Trecaso Financial Group LLC now owns 2,654 shares of the company’s stock worth $663,000 after purchasing an additional 40 shares in the last quarter. Horan Capital Advisors LLC. boosted its position in shares of SPDR S&P 500 ETF Trust by 1.5% during the fourth quarter. Horan Capital Advisors LLC. now owns 2,712 shares of the company’s stock worth $678,000 after purchasing an additional 40 shares in the last quarter. McQueen Ball & Associates Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 1.3% during the fourth quarter. McQueen Ball & Associates Inc. now owns 3,360 shares of the company’s stock worth $840,000 after purchasing an additional 42 shares in the last quarter. Finally, Court Place Advisors LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 3.7% during the fourth quarter. Court Place Advisors LLC now owns 1,204 shares of the company’s stock worth $301,000 after purchasing an additional 43 shares in the last quarter.

Shares of NYSEARCA SPY traded down $0.65 during midday trading on Wednesday, reaching $292.23. 49,455,352 shares of the stock were exchanged, compared to its average volume of 77,689,188. SPDR S&P 500 ETF Trust has a 12 month low of $233.76 and a 12 month high of $293.94.

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th will be given a dividend of $1.2331 per share. The ex-dividend date is Friday, March 15th. This represents a $4.93 dividend on an annualized basis and a dividend yield of 1.69%.

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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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