Moisand Fitzgerald Tamayo LLC Reduces Holdings in SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

Moisand Fitzgerald Tamayo LLC trimmed its stake in shares of SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG) by 1.9% during the fourth quarter, Holdings Channel reports. The institutional investor owned 287,766 shares of the company’s stock after selling 5,502 shares during the period. SPDR Portfolio S&P 500 ETF makes up about 5.6% of Moisand Fitzgerald Tamayo LLC’s holdings, making the stock its 5th largest position. Moisand Fitzgerald Tamayo LLC’s holdings in SPDR Portfolio S&P 500 ETF were worth $10,883,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the business. Sound Income Strategies LLC increased its stake in SPDR Portfolio S&P 500 ETF by 867.1% in the 3rd quarter. Sound Income Strategies LLC now owns 735 shares of the company’s stock worth $26,000 after purchasing an additional 659 shares in the last quarter. Princeton Global Asset Management LLC acquired a new position in SPDR Portfolio S&P 500 ETF during the third quarter valued at $36,000. Fusion Family Wealth LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 44.4% in the 3rd quarter. Fusion Family Wealth LLC now owns 1,142 shares of the company’s stock worth $40,000 after acquiring an additional 351 shares in the last quarter. Integrated Wealth Concepts LLC lifted its stake in SPDR Portfolio S&P 500 ETF by 25.8% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 12,950 shares of the company’s stock worth $48,000 after acquiring an additional 2,654 shares in the last quarter. Finally, Pinnacle Bank purchased a new stake in SPDR Portfolio S&P 500 ETF in the 4th quarter worth about $49,000.

NYSEARCA:SPLG traded up $0.16 on Thursday, hitting $38.75. 440 shares of the company’s stock traded hands, compared to its average volume of 809,700. SPDR Portfolio S&P 500 ETF has a 1 year low of $30.50 and a 1 year high of $38.70. The firm has a 50-day moving average price of $37.56 and a 200-day moving average price of $35.67.

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a $0.1879 dividend. This is an increase from SPDR Portfolio S&P 500 ETF’s previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, December 20th. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.94%.

SPDR Portfolio S&P 500 ETF Company Profile

SPDR Russell 1000 ETF (the Fund), formerly SPDR Dow Jones Large Cap ETF, seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of an index that tracks the performance of large capitalization exchange traded the United States equity securities.

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Institutional Ownership by Quarter for SPDR Portfolio S&P 500 ETF (NYSEARCA:SPLG)

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