Baltimore Washington Financial Advisors Inc. raised its position in shares of SPDR Portfolio S&P 500 Value ETF (NYSEARCA:SPYV) by 19.7% in the first quarter, according to its most recent filing with the SEC. The firm owned 74,123 shares of the company’s stock after purchasing an additional 12,210 shares during the quarter. Baltimore Washington Financial Advisors Inc. owned approximately 0.09% of SPDR Portfolio S&P 500 Value ETF worth $2,244,000 at the end of the most recent quarter.
A number of other large investors have also recently added to or reduced their stakes in the business. Valmark Advisers Inc. increased its position in SPDR Portfolio S&P 500 Value ETF by 1.9% during the 4th quarter. Valmark Advisers Inc. now owns 8,520,810 shares of the company’s stock valued at $231,425,000 after purchasing an additional 156,037 shares during the period. Bank of America Corp DE lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 135.4% in the 4th quarter. Bank of America Corp DE now owns 3,233,758 shares of the company’s stock worth $87,829,000 after purchasing an additional 1,859,811 shares in the last quarter. PFS Investments Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $76,717,000. Hanson McClain Inc. bought a new position in shares of SPDR Portfolio S&P 500 Value ETF in the 4th quarter worth $60,407,000. Finally, LPL Financial LLC lifted its holdings in shares of SPDR Portfolio S&P 500 Value ETF by 22.3% in the 4th quarter. LPL Financial LLC now owns 1,631,071 shares of the company’s stock worth $44,300,000 after purchasing an additional 297,630 shares in the last quarter.
Shares of SPYV traded down $0.04 during trading hours on Thursday, reaching $31.21. The stock had a trading volume of 1,179 shares, compared to its average volume of 1,338,969. SPDR Portfolio S&P 500 Value ETF has a 12 month low of $25.44 and a 12 month high of $31.96.
The company also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Tuesday, March 19th were issued a $0.1753 dividend. This represents a $0.70 dividend on an annualized basis and a dividend yield of 2.25%. The ex-dividend date of this dividend was Monday, March 18th.
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SPDR Portfolio S&P 500 Value ETF Company Profile
SPDR S&P 500 Value ETF (the Fund), formerly SPDR Dow Jones Large Cap Value ETF, seeks to closely match the returns and characteristics of the S&P 500 Value Index. The S&P 500 Value Index measures the performance of the large-capitalization value sector in the United States equity market. The Index consists of those stocks in the S&P 500 Index exhibiting the strongest value characteristics based on book value to price ratio; earnings to price ratio, and sales to price ratio.
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