A. N. Culbertson & Company lowered its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The hedge fund owned 4,893 shares of the company’s stock after selling 90 shares during the period. A. N. Culbertson & Company’s holdings in SPDR S&P 500 ETF Trust were worth $998,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in SPY. River Wealth Advisors raised its stake in SPDR S&P 500 ETF Trust by 26.7% in the fourth quarter. River Wealth Advisors now owns 1,606 shares of the company’s stock valued at $327,000 after buying an additional 338 shares in the last quarter. Howard Capital Management raised its stake in SPDR S&P 500 ETF Trust by 5.1% in the fourth quarter. Howard Capital Management now owns 102,062 shares of the company’s stock valued at $20,807,000 after buying an additional 4,948 shares in the last quarter. Wagner Bowman Management raised its stake in SPDR S&P 500 ETF Trust by 40.9% in the fourth quarter. Wagner Bowman Management now owns 16,212 shares of the company’s stock valued at $3,305,000 after buying an additional 4,708 shares in the last quarter. Simply Money Advisors raised its stake in SPDR S&P 500 ETF Trust by 8.9% in the fourth quarter. Simply Money Advisors now owns 375,626 shares of the company’s stock valued at $76,579,000 after buying an additional 30,851 shares in the last quarter. Finally, Berkshire Money Management raised its stake in SPDR S&P 500 ETF Trust by 29.7% in the fourth quarter. Berkshire Money Management now owns 449,305 shares of the company’s stock valued at $91,599,795 after buying an additional 102,810 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 188.13 on Thursday. The firm’s 50-day moving average price is $197.93 and its 200 day moving average price is $202.44. SPDR S&P 500 ETF Trust has a 12-month low of $181.02 and a 12-month high of $213.78.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 29th. Stockholders of record on Tuesday, December 22nd will be given a $1.2116 dividend. The ex-dividend date of this dividend is Friday, December 18th. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.02. This represents a $4.85 dividend on an annualized basis and a dividend yield of 2.58%.

SPDR S&P 500 ETF Trust (NYSE:SPY) is an exchange traded fund. The Trust corresponds to the price and yield performance of the S&P 500 Index. The S&P 500 Index is composed of 500 selected stocks and spans over 24 separate industry groups. The Fund’s investment sectors include information technology, financials, energy, health care, consumer staples, industrials, consumer discretionary, materials, utilities and telecommunication services.

12 Month Chart for NYSE:SPY

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