Laffer Investments increased its position in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 5.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,726 shares of the company’s stock after buying an additional 200 shares during the period. Laffer Investments’ holdings in SPDR S&P 500 ETF Trust were worth $931,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Contravisory Investment Management Inc. raised its stake in shares of SPDR S&P 500 ETF Trust by 606.9% during the 4th quarter. Contravisory Investment Management Inc. now owns 714 shares of the company’s stock worth $178,000 after buying an additional 613 shares during the last quarter. Cordasco Financial Network raised its stake in shares of SPDR S&P 500 ETF Trust by 41.8% during the 4th quarter. Cordasco Financial Network now owns 1,971 shares of the company’s stock worth $493,000 after buying an additional 581 shares during the last quarter. Pennsylvania Trust Co raised its stake in shares of SPDR S&P 500 ETF Trust by 15.5% during the 4th quarter. Pennsylvania Trust Co now owns 21,795 shares of the company’s stock worth $5,447,000 after buying an additional 2,918 shares during the last quarter. QCI Asset Management Inc. NY raised its stake in shares of SPDR S&P 500 ETF Trust by 147.0% during the 4th quarter. QCI Asset Management Inc. NY now owns 86,320 shares of the company’s stock worth $21,573,000 after buying an additional 51,370 shares during the last quarter. Finally, TRUE Private Wealth Advisors raised its stake in shares of SPDR S&P 500 ETF Trust by 42.7% during the 4th quarter. TRUE Private Wealth Advisors now owns 24,809 shares of the company’s stock worth $6,224,000 after buying an additional 7,419 shares during the last quarter.

NYSEARCA:SPY opened at $285.06 on Thursday. SPDR S&P 500 ETF Trust has a 52-week low of $233.76 and a 52-week high of $294.95.

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th were paid a dividend of $1.2331 per share. This represents a $4.93 annualized dividend and a dividend yield of 1.73%. The ex-dividend date was Friday, March 15th.

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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.

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

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