Ronald Blue & Co. LLC cut its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 33.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the exchange traded fund’s stock after selling 607 shares during the period. Ronald Blue & Co. LLC’s holdings in SPDR S&P 500 ETF Trust were worth $295,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SPY. Lockheed Martin Investment Management Co. raised its stake in SPDR S&P 500 ETF Trust by 285.3% in the second quarter. Lockheed Martin Investment Management Co. now owns 99,800 shares of the exchange traded fund’s stock valued at $24,132,000 after buying an additional 73,900 shares during the last quarter. Ferguson Wellman Capital Management Inc. raised its stake in SPDR S&P 500 ETF Trust by 55.1% in the second quarter. Ferguson Wellman Capital Management Inc. now owns 6,108 shares of the exchange traded fund’s stock valued at $1,477,000 after buying an additional 2,169 shares during the last quarter. Osborne Partners Capital Management LLC raised its stake in SPDR S&P 500 ETF Trust by 0.4% in the second quarter. Osborne Partners Capital Management LLC now owns 129,266 shares of the exchange traded fund’s stock valued at $31,257,000 after buying an additional 577 shares during the last quarter. SPC Financial Inc. raised its stake in SPDR S&P 500 ETF Trust by 42.3% in the second quarter. SPC Financial Inc. now owns 1,707 shares of the exchange traded fund’s stock valued at $413,000 after buying an additional 507 shares during the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in SPDR S&P 500 ETF Trust by 1.6% in the second quarter. Moloney Securities Asset Management LLC now owns 6,896 shares of the exchange traded fund’s stock valued at $1,667,000 after buying an additional 107 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 247.25 on Thursday. The stock has a 50 day moving average of $244.93 and a 200 day moving average of $238.79. SPDR S&P 500 ETF Trust has a 52-week low of $208.38 and a 52-week high of $248.91.

The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Tuesday, June 20th were given a dividend of $1.1831 per share. The ex-dividend date of this dividend was Friday, June 16th. This represents a $4.73 dividend on an annualized basis and a yield of 1.91%. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03.

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Separately, Goldman Sachs Group, Inc. (The) increased their price objective on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research report on Wednesday, June 28th.

SPDR S&P 500 ETF Trust Company Profile

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

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