Westwood Holdings Group Inc. Decreases Position in SPDR S&P 500 ETF Trust (SPY)

Westwood Holdings Group Inc. decreased its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 38.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,179 shares of the exchange traded fund’s stock after selling 1,355 shares during the quarter. Westwood Holdings Group Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $527,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. BB&T Investment Services Inc. purchased a new position in SPDR S&P 500 ETF Trust during the second quarter valued at approximately $36,712,000. EagleClaw Capital Managment LLC raised its position in SPDR S&P 500 ETF Trust by 7.7% during the second quarter. EagleClaw Capital Managment LLC now owns 4,190 shares of the exchange traded fund’s stock valued at $1,012,000 after acquiring an additional 300 shares in the last quarter. Stellar Capital Management LLC raised its position in SPDR S&P 500 ETF Trust by 0.7% during the second quarter. Stellar Capital Management LLC now owns 15,897 shares of the exchange traded fund’s stock valued at $3,844,000 after acquiring an additional 107 shares in the last quarter. Linscomb & Williams Inc. raised its position in SPDR S&P 500 ETF Trust by 18.6% during the second quarter. Linscomb & Williams Inc. now owns 7,276 shares of the exchange traded fund’s stock valued at $1,759,000 after acquiring an additional 1,142 shares in the last quarter. Finally, Wilbanks Smith & Thomas Asset Management LLC raised its position in SPDR S&P 500 ETF Trust by 0.9% during the second quarter. Wilbanks Smith & Thomas Asset Management LLC now owns 25,851 shares of the exchange traded fund’s stock valued at $6,251,000 after acquiring an additional 227 shares in the last quarter.

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SPDR S&P 500 ETF Trust (SPY) opened at 257.71 on Friday. The company’s 50-day moving average price is $252.63 and its 200 day moving average price is $245.13. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $257.89.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th will be paid a dividend of $1.2346 per share. This represents a $4.94 dividend on an annualized basis and a dividend yield of 1.92%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date is Friday, September 15th.

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.

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

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