Ironwood Financial llc Purchases 485 Shares of SPDR S&P 500 ETF Trust (SPY)

Ironwood Financial llc increased its position in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 4.8% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 10,641 shares of the company’s stock after buying an additional 485 shares during the quarter. SPDR S&P 500 ETF Trust comprises about 1.7% of Ironwood Financial llc’s portfolio, making the stock its 13th largest holding. Ironwood Financial llc’s holdings in SPDR S&P 500 ETF Trust were worth $2,887,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Peavine Capital LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 1.7% during the second quarter. Peavine Capital LLC now owns 285,398 shares of the company’s stock worth $77,423,000 after buying an additional 4,669 shares during the period. SWS Partners purchased a new stake in shares of SPDR S&P 500 ETF Trust during the fourth quarter worth approximately $193,000. Biltmore Family Office LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 10.9% during the second quarter. Biltmore Family Office LLC now owns 4,479 shares of the company’s stock worth $1,221,000 after buying an additional 442 shares during the period. Employees Retirement System of Texas increased its stake in shares of SPDR S&P 500 ETF Trust by 449.5% during the first quarter. Employees Retirement System of Texas now owns 241,250 shares of the company’s stock worth $63,485,000 after buying an additional 197,350 shares during the period. Finally, First Financial Bank Trust Division increased its stake in shares of SPDR S&P 500 ETF Trust by 6.5% during the second quarter. First Financial Bank Trust Division now owns 102,919 shares of the company’s stock worth $27,921,000 after buying an additional 6,246 shares during the period.

Shares of SPDR S&P 500 ETF Trust opened at $283.60 on Friday, according to Marketbeat Ratings. SPDR S&P 500 ETF Trust has a 52-week low of $241.83 and a 52-week high of $286.63.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 31st. Investors of record on Monday, June 18th were issued a $1.2456 dividend. This represents a $4.98 dividend on an annualized basis and a yield of 1.76%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend was Friday, June 15th.

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.

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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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