Tufton Capital Management boosted its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.5% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 11,251 shares of the exchange traded fund’s stock after buying an additional 162 shares during the period. Tufton Capital Management’s holdings in SPDR S&P 500 ETF Trust were worth $2,720,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Investors Asset Management of Georgia Inc. GA ADV boosted its stake in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Investors Asset Management of Georgia Inc. GA ADV now owns 1,183 shares of the exchange traded fund’s stock valued at $286,000 after buying an additional 4 shares during the period. Mcrae Capital Management Inc. boosted its stake in SPDR S&P 500 ETF Trust by 0.9% in the second quarter. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund’s stock valued at $340,000 after buying an additional 13 shares during the period. Parkside Financial Bank & Trust boosted its stake in SPDR S&P 500 ETF Trust by 0.5% in the second quarter. Parkside Financial Bank & Trust now owns 3,229 shares of the exchange traded fund’s stock valued at $780,000 after buying an additional 16 shares during the period. Capital City Trust Co. FL boosted its stake in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Capital City Trust Co. FL now owns 8,914 shares of the exchange traded fund’s stock valued at $2,155,000 after buying an additional 29 shares during the period. Finally, Investment Counsel Inc. boosted its stake in SPDR S&P 500 ETF Trust by 1.1% in the second quarter. Investment Counsel Inc. now owns 5,464 shares of the exchange traded fund’s stock valued at $1,321,000 after buying an additional 60 shares during the period.

Shares of SPDR S&P 500 ETF Trust (NYSE SPY) opened at 247.25 on Thursday. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $248.91. The stock has a 50 day moving average of $244.93 and a 200 day moving average of $238.79.

The business also recently declared 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. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend was Friday, June 16th. This represents a $4.73 annualized dividend and a yield of 1.91%.

COPYRIGHT VIOLATION WARNING: “Tufton Capital Management Has $2.72 Million Position in SPDR S&P 500 ETF Trust (NYSE:SPY)” was first published by Daily Political and is the property of of Daily Political. If you are accessing this article on another site, it was illegally stolen and reposted in violation of United States and international copyright & trademark legislation. The correct version of this article can be accessed at https://www.dailypolitical.com/2017/08/10/tufton-capital-management-has-2-72-million-position-in-spdr-sp-500-etf-trust-nysespy.html.

Separately, Goldman Sachs Group, Inc. (The) increased their price target on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research note 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.

Want to see what other hedge funds are holding SPY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P 500 ETF Trust (NYSE:SPY).

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

Receive News & Ratings for SPDR S&P 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.