Atlantic Trust Group LLC reduced its position in SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 186,707 shares of the exchange traded fund’s stock after selling 2,644 shares during the quarter. Atlantic Trust Group LLC’s holdings in SPDR S&P 500 ETF Trust were worth $45,146,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SPY. Osborne Partners Capital Management LLC raised its stake in SPDR S&P 500 ETF Trust by 0.4% in the 2nd quarter. Osborne Partners Capital Management LLC now owns 129,266 shares of the exchange traded fund’s stock valued at $31,257,000 after purchasing an additional 577 shares during the last quarter. First Citizens Bank & Trust Co. raised its stake in SPDR S&P 500 ETF Trust by 6.4% in the 2nd quarter. First Citizens Bank & Trust Co. now owns 78,963 shares of the exchange traded fund’s stock valued at $19,093,000 after purchasing an additional 4,761 shares during the last quarter. Greenleaf Trust raised its stake in SPDR S&P 500 ETF Trust by 3.3% in the 2nd quarter. Greenleaf Trust now owns 11,174 shares of the exchange traded fund’s stock valued at $2,702,000 after purchasing an additional 354 shares during the last quarter. Axel Capital Management LLC raised its stake in SPDR S&P 500 ETF Trust by 18.7% in the 2nd quarter. Axel Capital Management LLC now owns 551,270 shares of the exchange traded fund’s stock valued at $133,297,000 after purchasing an additional 87,000 shares during the last quarter. Finally, Appropriate Balance Financial Services Inc. raised its stake in SPDR S&P 500 ETF Trust by 2.1% in the 2nd quarter. Appropriate Balance Financial Services Inc. now owns 22,812 shares of the exchange traded fund’s stock valued at $94,343,000 after purchasing an additional 469 shares during the last quarter.

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 249.44 on Friday. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $250.32. The company has a 50-day moving average price of $246.63 and a 200 day moving average price of $241.70.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, September 18th will be given a dividend of $1.2346 per share. This represents a $4.94 dividend on an annualized basis and a yield of 1.98%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date is Friday, September 15th.

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

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.

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

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