Iron Financial LLC raised its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 29.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 51,299 shares of the exchange traded fund’s stock after buying an additional 11,764 shares during the period. SPDR S&P 500 ETF Trust accounts for 11.0% of Iron Financial LLC’s portfolio, making the stock its 2nd largest position. Iron Financial LLC’s holdings in SPDR S&P 500 ETF Trust were worth $12,404,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Investors Asset Management of Georgia Inc. GA ADV increased 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 valued at $286,000 after buying an additional 4 shares during the period. Mcrae Capital Management Inc. boosted its position in shares of 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 valued at $340,000 after buying an additional 13 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in shares of 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 valued at $780,000 after buying an additional 16 shares in the last quarter. Capital City Trust Co. FL boosted its position in shares of SPDR S&P 500 ETF Trust by 0.3% in the second quarter. Capital City Trust Co. FL now owns 8,914 shares of the exchange traded fund’s stock valued at $2,155,000 after buying an additional 29 shares in the last quarter. Finally, Verus Financial Partners Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 3.8% in the second quarter. Verus Financial Partners Inc. now owns 1,230 shares of the exchange traded fund’s stock valued at $297,000 after buying an additional 45 shares in the last quarter.

SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 246.51 on Wednesday. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $248.91. The stock has a 50 day moving average of $245.18 and a 200 day moving average of $239.36.

The business 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 represents a $4.73 annualized dividend and a yield of 1.92%. The ex-dividend date was Friday, June 16th. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03.

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Separately, Goldman Sachs Group, Inc. (The) raised their target price on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a 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.

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

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