Comerica Bank boosted its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.2% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 50,364 shares of the exchange traded fund’s stock after buying an additional 587 shares during the period. Comerica Bank’s holdings in SPDR S&P 500 ETF Trust were worth $12,430,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. CKW Financial Group boosted its position in SPDR S&P 500 ETF Trust by 0.3% in the second quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock worth $147,000 after buying an additional 2 shares during the period. Investors Asset Management of Georgia Inc. GA ADV boosted 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 during the period. Mcrae Capital Management Inc. boosted 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 during the period. Parkside Financial Bank & Trust boosted its position 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 worth $780,000 after buying an additional 16 shares during the period. Finally, Endurance Wealth Management Inc. boosted its position in SPDR S&P 500 ETF Trust by 0.9% in the second quarter. Endurance Wealth Management Inc. now owns 2,584 shares of the exchange traded fund’s stock worth $625,000 after buying an additional 24 shares during the period.

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 244.57 on Tuesday. SPDR S&P 500 ETF Trust has a 12-month low of $208.38 and a 12-month high of $248.91. The firm has a 50-day moving average of $245.61 and a 200-day moving average of $240.12.

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Investors of record on Tuesday, June 20th were issued a dividend of $1.1831 per share. The ex-dividend date was Friday, June 16th. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. This represents a $4.73 dividend on an annualized basis and a dividend yield of 1.93%.

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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 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.

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

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