KG&L Capital Management LLC Takes $3.39 Million Position in SPDR S&P 500 ETF Trust (SPY)

KG&L Capital Management LLC bought a new stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) in the 4th quarter, HoldingsChannel.com reports. The firm bought 13,580 shares of the company’s stock, valued at approximately $3,388,000. SPDR S&P 500 ETF Trust accounts for about 3.8% of KG&L Capital Management LLC’s portfolio, making the stock its 4th largest holding.

Several other hedge funds have also added to or reduced their stakes in the company. Gladius Capital Management LP raised its holdings in SPDR S&P 500 ETF Trust by 200.7% in the 4th quarter. Gladius Capital Management LP now owns 2,051,652 shares of the company’s stock worth $512,749,000 after acquiring an additional 4,090,042 shares during the last quarter. TD Asset Management Inc. raised its holdings in SPDR S&P 500 ETF Trust by 21.1% in the 4th quarter. TD Asset Management Inc. now owns 13,965,624 shares of the company’s stock worth $3,490,288,000 after acquiring an additional 2,431,945 shares during the last quarter. Elite Wealth Management Inc. raised its holdings in SPDR S&P 500 ETF Trust by 100.3% in the 4th quarter. Elite Wealth Management Inc. now owns 3,615 shares of the company’s stock worth $903,000 after acquiring an additional 1,174,799 shares during the last quarter. Hartford Investment Management Co. raised its holdings in SPDR S&P 500 ETF Trust by 532.4% in the 4th quarter. Hartford Investment Management Co. now owns 1,255,380 shares of the company’s stock worth $313,745,000 after acquiring an additional 1,056,880 shares during the last quarter. Finally, Bessemer Group Inc. raised its holdings in SPDR S&P 500 ETF Trust by 484.8% in the 4th quarter. Bessemer Group Inc. now owns 1,098,688 shares of the company’s stock worth $274,583,000 after acquiring an additional 910,812 shares during the last quarter.

Shares of NYSEARCA SPY opened at $282.14 on Friday. SPDR S&P 500 ETF Trust has a twelve month low of $233.76 and a twelve month high of $294.95.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 30th. Investors of record on Monday, March 18th were issued a $1.2331 dividend. The ex-dividend date of this dividend was Friday, March 15th. This represents a $4.93 dividend on an annualized basis and a yield of 1.75%.

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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.

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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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