SPDR S&P 500 ETF Trust (NYSEARCA:SPY) announced a quarterly dividend on Friday, March 15th, Wall Street Journal reports. Shareholders of record on Monday, March 18th will be given a dividend of 1.2331 per share on Tuesday, April 30th. This represents a $4.93 annualized dividend and a yield of 1.75%. The ex-dividend date is Friday, March 15th.
SPDR S&P 500 ETF Trust stock traded up $0.15 during trading hours on Friday, hitting $281.31. The stock had a trading volume of 80,481,789 shares, compared to its average volume of 84,196,500. SPDR S&P 500 ETF Trust has a 1-year low of $233.76 and a 1-year high of $293.94.
A hedge fund recently bought a new stake in SPDR S&P 500 ETF Trust stock. Geode Capital Management LLC bought a new stake in SPDR S&P 500 ETF Trust (NYSEARCA:SPY) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 836 shares of the company’s stock, valued at approximately $208,000.
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.
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