Capital Wealth Planning LLC increased its holdings in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 143.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 120,253 shares of the exchange traded fund’s stock after purchasing an additional 70,924 shares during the period. SPDR S&P 500 ETF Trust accounts for about 4.7% of Capital Wealth Planning LLC’s holdings, making the stock its 2nd biggest holding. Capital Wealth Planning LLC’s holdings in SPDR S&P 500 ETF Trust were worth $29,077,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in the stock. CKW Financial Group increased its holdings in SPDR S&P 500 ETF Trust by 0.3% in the 2nd quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock valued at $147,000 after purchasing an additional 2 shares in the last quarter. Almanack Investment Partners LLC. raised its position in SPDR S&P 500 ETF Trust by 2.6% in the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the exchange traded fund’s stock valued at $170,000 after purchasing an additional 18 shares during the period. Goodman Financial Corp acquired a new position in shares of SPDR S&P 500 ETF Trust during the second quarter worth about $203,000. Regal Wealth Group Inc. lifted its stake in shares of SPDR S&P 500 ETF Trust by 0.5% during the second quarter. Regal Wealth Group Inc. now owns 849 shares of the exchange traded fund’s stock worth $205,000 after purchasing an additional 4 shares in the last quarter. Finally, iAB Financial Bank acquired a new position in shares of SPDR S&P 500 ETF Trust during the second quarter worth about $206,000.

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 note on Wednesday, June 28th.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 251.23 on Monday. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $251.32. The stock has a 50 day moving average price of $246.63 and a 200-day moving average price of $241.70.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Monday, September 18th will be paid a dividend of $1.2346 per share. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. The ex-dividend date of this dividend is Friday, September 15th. This represents a $4.94 annualized dividend and a dividend yield of 1.97%.

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SPDR S&P 500 ETF Trust 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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