SPDR S&P 500 ETF Trust (SPY) Shares Bought by Bremer Trust National Association

Bremer Trust National Association raised its holdings in shares of SPDR S&P 500 ETF Trust (NYSEARCA:SPY) by 42.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 163,152 shares of the company’s stock after acquiring an additional 48,595 shares during the period. SPDR S&P 500 ETF Trust comprises approximately 8.9% of Bremer Trust National Association’s portfolio, making the stock its biggest holding. Bremer Trust National Association’s holdings in SPDR S&P 500 ETF Trust were worth $40,775,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Davidson Investment Advisors grew its position in SPDR S&P 500 ETF Trust by 1,195.0% during the fourth quarter. Davidson Investment Advisors now owns 10,360 shares of the company’s stock valued at $2,589,000 after acquiring an additional 9,560 shares during the last quarter. Beacon Investment Advisory Services Inc. grew its position in SPDR S&P 500 ETF Trust by 135.2% during the fourth quarter. Beacon Investment Advisory Services Inc. now owns 46,089 shares of the company’s stock valued at $11,519,000 after acquiring an additional 26,494 shares during the last quarter. Northwest Capital Management Inc grew its holdings in shares of SPDR S&P 500 ETF Trust by 31.1% in the fourth quarter. Northwest Capital Management Inc now owns 2,636 shares of the company’s stock worth $659,000 after purchasing an additional 626 shares during the last quarter. Chesley Taft & Associates LLC grew its holdings in shares of SPDR S&P 500 ETF Trust by 3.1% in the fourth quarter. Chesley Taft & Associates LLC now owns 61,064 shares of the company’s stock worth $15,261,000 after purchasing an additional 1,854 shares during the last quarter. Finally, Isthmus Partners LLC grew its holdings in shares of SPDR S&P 500 ETF Trust by 3,665.4% in the fourth quarter. Isthmus Partners LLC now owns 9,564 shares of the company’s stock worth $2,390,000 after purchasing an additional 9,310 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust stock opened at $290.16 on Wednesday. SPDR S&P 500 ETF Trust has a 52-week low of $233.76 and a 52-week high of $293.94.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Monday, March 18th will be issued a $1.2331 dividend. This represents a $4.93 annualized dividend and a dividend yield of 1.70%. The ex-dividend date of this dividend is Friday, March 15th.

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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.

Further Reading: Limitations of the P/E Growth ratio

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

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