Virtue Capital Management LLC Invests $802,000 in SPDR S&P 500 ETF Trust (SPY) Stock

Virtue Capital Management LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 3,004 shares of the company’s stock, valued at approximately $802,000.

Other large investors also recently modified their holdings of the company. Haverford Trust Co. lifted its stake in SPDR S&P 500 ETF Trust by 28.0% during the 4th quarter. Haverford Trust Co. now owns 106,011 shares of the company’s stock valued at $28,290,000 after acquiring an additional 23,199 shares in the last quarter. Berkshire Asset Management LLC PA lifted its stake in SPDR S&P 500 ETF Trust by 12.6% during the 4th quarter. Berkshire Asset Management LLC PA now owns 20,225 shares of the company’s stock valued at $5,397,000 after acquiring an additional 2,264 shares in the last quarter. Bank of Nova Scotia Trust Co. lifted its stake in SPDR S&P 500 ETF Trust by 39.6% during the 3rd quarter. Bank of Nova Scotia Trust Co. now owns 6,360 shares of the company’s stock valued at $1,598,000 after acquiring an additional 1,805 shares in the last quarter. Segment Wealth Management LLC lifted its stake in SPDR S&P 500 ETF Trust by 16.4% during the 4th quarter. Segment Wealth Management LLC now owns 47,369 shares of the company’s stock valued at $12,641,000 after acquiring an additional 6,662 shares in the last quarter. Finally, Vantage Investment Advisors LLC lifted its stake in SPDR S&P 500 ETF Trust by 4.5% during the 4th quarter. Vantage Investment Advisors LLC now owns 17,212 shares of the company’s stock valued at $4,593,000 after acquiring an additional 746 shares in the last quarter.

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Separately, S&P Equity Research assumed coverage on SPDR S&P 500 ETF Trust in a research note on Monday, December 11th. They set a $3,000.00 price objective on the stock.

NYSEARCA SPY opened at $263.15 on Friday. SPDR S&P 500 ETF Trust has a one year low of $232.51 and a one year high of $286.63.

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 30th. Stockholders of record on Monday, March 19th will be paid a dividend of $1.0968 per share. This represents a $4.39 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Friday, March 16th.

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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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