F&V Capital Management LLC Buys 300 Shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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F&V Capital Management LLC increased its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 7,862 shares of the company’s stock after purchasing an additional 300 shares during the quarter. SPDR S&P 500 ETF Trust comprises approximately 1.4% of F&V Capital Management LLC’s portfolio, making the stock its 29th biggest holding. F&V Capital Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,530,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Newman Dignan & Sheerar Inc. increased its position in shares of SPDR S&P 500 ETF Trust by 2.1% in the fourth quarter. Newman Dignan & Sheerar Inc. now owns 4,480 shares of the company’s stock worth $1,442,000 after purchasing an additional 94 shares during the last quarter. Gainplan LLC purchased a new stake in SPDR S&P 500 ETF Trust in the fourth quarter worth approximately $39,372,000. Gradient Investments LLC boosted its stake in SPDR S&P 500 ETF Trust by 19,921.4% in the fourth quarter. Gradient Investments LLC now owns 1,050,921 shares of the company’s stock worth $338,249,000 after buying an additional 1,045,672 shares in the last quarter. Leith Wheeler Investment Counsel Ltd. boosted its stake in SPDR S&P 500 ETF Trust by 145.4% in the fourth quarter. Leith Wheeler Investment Counsel Ltd. now owns 6,870 shares of the company’s stock worth $2,211,000 after buying an additional 4,070 shares in the last quarter. Finally, Signature Wealth Management Group purchased a new stake in SPDR S&P 500 ETF Trust in the fourth quarter worth approximately $274,000.

Shares of SPY opened at $328.19 on Thursday. The stock has a 50 day simple moving average of $319.74 and a two-hundred day simple moving average of $303.52. SPDR S&P 500 ETF Trust has a 1 year low of $259.96 and a 1 year high of $329.02.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Monday, December 23rd will be paid a $1.57 dividend. The ex-dividend date is Friday, December 20th. This represents a $6.28 annualized dividend and a yield of 1.91%. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.23.

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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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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