Blue Bell Private Wealth Management LLC increased its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 6.6% during the second quarter, Holdings Channel reports. The institutional investor owned 149,298 shares of the exchange traded fund’s stock after buying an additional 9,276 shares during the period. SPDR S&P 500 ETF Trust comprises about 17.9% of Blue Bell Private Wealth Management LLC’s investment portfolio, making the stock its largest position. Blue Bell Private Wealth Management LLC’s holdings in SPDR S&P 500 ETF Trust were worth $36,100,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Investors Asset Management of Georgia Inc. GA ADV raised its position 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 worth $286,000 after buying an additional 4 shares in the last quarter. World Asset Management Inc bought a new position in SPDR S&P 500 ETF Trust during the second quarter worth about $316,000. Park Avenue Securities LLC bought a new position in SPDR S&P 500 ETF Trust during the second quarter worth about $336,000. Mcrae Capital Management Inc. raised its position 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 worth $340,000 after buying an additional 13 shares in the last quarter. Finally, Barnett & Company Inc. raised its position in SPDR S&P 500 ETF Trust by 279.7% in the second quarter. Barnett & Company Inc. now owns 1,424 shares of the exchange traded fund’s stock worth $344,000 after buying an additional 1,049 shares in the last quarter.

Shares of SPDR S&P 500 ETF Trust (SPY) opened at 243.76 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $248.91. The firm’s 50-day moving average price is $244.95 and its 200 day moving average price is $238.82.

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, June 20th were paid a $1.1831 dividend. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. This represents a $4.73 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Friday, June 16th.

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Separately, Goldman Sachs Group, Inc. (The) boosted their price objective on SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research report 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.

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)

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