SPDR S&P 500 ETF Trust (SPY) Holdings Boosted by Cadence Bank NA

Cadence Bank NA boosted its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 14.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 10,221 shares of the company’s stock after purchasing an additional 1,301 shares during the quarter. SPDR S&P 500 ETF Trust makes up 1.1% of Cadence Bank NA’s holdings, making the stock its 18th largest position. Cadence Bank NA’s holdings in SPDR S&P 500 ETF Trust were worth $2,971,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Patriot Financial Group Insurance Agency LLC lifted its position in shares of SPDR S&P 500 ETF Trust by 402.3% in the third quarter. Patriot Financial Group Insurance Agency LLC now owns 437 shares of the company’s stock valued at $127,000 after acquiring an additional 350 shares in the last quarter. Moody National Bank Trust Division purchased a new position in shares of SPDR S&P 500 ETF Trust in the third quarter valued at approximately $128,000. Hartford Financial Management Inc. purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter valued at approximately $139,000. LifePlan Financial Group Inc lifted its position in shares of SPDR S&P 500 ETF Trust by 48.6% in the second quarter. LifePlan Financial Group Inc now owns 575 shares of the company’s stock valued at $156,000 after acquiring an additional 188 shares in the last quarter. Finally, WP Advisors LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust in the second quarter valued at approximately $165,000.

NYSEARCA:SPY opened at $263.25 on Friday. SPDR S&P 500 ETF Trust has a one year low of $252.92 and a one year high of $293.94.

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 31st. Investors of record on Monday, September 24th were issued a $1.3226 dividend. This represents a $5.29 annualized dividend and a dividend yield of 2.01%. The ex-dividend date 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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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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Institutional Ownership by Quarter for SPDR S&P 500 ETF Trust (NYSEARCA:SPY)

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