SPDR S&P 500 ETF Trust (SPY) is Lowe Wealth Advisors LLC’s Largest Position

Lowe Wealth Advisors LLC boosted its stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 0.5% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 154,911 shares of the company’s stock after acquiring an additional 741 shares during the quarter. SPDR S&P 500 ETF Trust accounts for about 26.6% of Lowe Wealth Advisors LLC’s portfolio, making the stock its biggest holding. Lowe Wealth Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $45,036,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. LFA Lugano Financial Advisors SA acquired a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth $12,474,000. National Mutual Insurance Federation of Agricultural Cooperatives boosted its stake in SPDR S&P 500 ETF Trust by 79.9% during the 2nd quarter. National Mutual Insurance Federation of Agricultural Cooperatives now owns 8,425,032 shares of the company’s stock worth $2,285,543,000 after purchasing an additional 3,742,200 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter worth $488,420,000. Gradient Investments LLC boosted its stake in SPDR S&P 500 ETF Trust by 41,603.0% during the 3rd quarter. Gradient Investments LLC now owns 1,407,059 shares of the company’s stock worth $409,060,000 after purchasing an additional 1,403,685 shares during the last quarter. Finally, Charles Schwab Investment Advisory Inc. boosted its stake in SPDR S&P 500 ETF Trust by 81,315.3% during the 2nd quarter. Charles Schwab Investment Advisory Inc. now owns 1,396,273 shares of the company’s stock worth $378,782,000 after purchasing an additional 1,394,558 shares during the last quarter.

Shares of SPY opened at $277.76 on Friday. SPDR S&P 500 ETF Trust has a 52-week low of $252.92 and a 52-week high of $293.94.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, October 31st. Shareholders of record on Monday, September 24th were paid a dividend of $1.3226 per share. This represents a $5.29 annualized dividend and a yield of 1.90%. The ex-dividend date of this dividend was Friday, September 21st. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.25.

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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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