Efficient Advisors LLC decreased its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 2.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 12,291 shares of the exchange traded fund’s stock after selling 340 shares during the period. SPDR S&P 500 ETF Trust accounts for about 0.4% of Efficient Advisors LLC’s portfolio, making the stock its 28th largest position. Efficient Advisors LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,972,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. Osborne Partners Capital Management LLC increased its position 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. First Citizens Bank & Trust Co. increased its position in SPDR S&P 500 ETF Trust by 6.4% in the second quarter. First Citizens Bank & Trust Co. now owns 78,963 shares of the exchange traded fund’s stock valued at $19,093,000 after buying an additional 4,761 shares during the last quarter. Greenleaf Trust increased its position in SPDR S&P 500 ETF Trust by 3.3% in the second quarter. Greenleaf Trust now owns 11,174 shares of the exchange traded fund’s stock valued at $2,702,000 after buying an additional 354 shares during the last quarter. Axel Capital Management LLC increased its position in SPDR S&P 500 ETF Trust by 18.7% in the second quarter. Axel Capital Management LLC now owns 551,270 shares of the exchange traded fund’s stock valued at $133,297,000 after buying an additional 87,000 shares during the last quarter. Finally, Appropriate Balance Financial Services Inc. increased its position in SPDR S&P 500 ETF Trust by 2.1% in the second quarter. Appropriate Balance Financial Services Inc. now owns 22,812 shares of the exchange traded fund’s stock valued at $94,343,000 after buying an additional 469 shares during the last quarter.

SPDR S&P 500 ETF Trust (NYSE SPY) opened at 244.12 on Friday. The stock’s 50 day moving average is $244.99 and its 200 day moving average is $238.95. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $248.91. SPDR S&P 500 ETF Trust also saw some unusual options trading activity on Thursday. Traders bought 1,798,225 put options on the company. This represents an increase of 150% compared to the typical volume of 718,356 put options.

The company also recently declared 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. This is a positive change 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 yield of 1.94%. The ex-dividend date of this dividend was Friday, June 16th.

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Separately, Goldman Sachs Group, Inc. (The) raised 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.

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

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