Verity Asset Management Inc. increased its position in SPDR S&P 500 ETF Trust (NYSE:SPY) by 22.3% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 1,896 shares of the exchange traded fund’s stock after purchasing an additional 346 shares during the period. Verity Asset Management Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $459,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. CKW Financial Group boosted its stake in shares of SPDR S&P 500 ETF Trust by 0.3% during the 2nd quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock valued at $147,000 after buying an additional 2 shares during the period. Almanack Investment Partners LLC. boosted its stake in shares of SPDR S&P 500 ETF Trust by 2.6% during the 2nd quarter. Almanack Investment Partners LLC. now owns 698 shares of the exchange traded fund’s stock valued at $170,000 after buying an additional 18 shares during the period. Goodman Financial Corp acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 2nd quarter valued at $203,000. Regal Wealth Group Inc. boosted its stake in shares of SPDR S&P 500 ETF Trust by 0.5% during the 2nd quarter. Regal Wealth Group Inc. now owns 849 shares of the exchange traded fund’s stock valued at $205,000 after buying an additional 4 shares during the period. Finally, iAB Financial Bank acquired a new stake in shares of SPDR S&P 500 ETF Trust during the 2nd quarter valued at $206,000.

Shares of SPDR S&P 500 ETF Trust (NYSE SPY) opened at 254.37 on Friday. The firm’s 50 day moving average is $248.45 and its 200-day moving average is $242.92. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $254.70.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th will be given a dividend of $1.2346 per share. 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. This represents a $4.94 annualized dividend and a dividend yield of 1.94%.

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

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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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