Community Bank N.A. increased its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,185 shares of the exchange traded fund’s stock after buying an additional 1,843 shares during the period. Community Bank N.A.’s holdings in SPDR S&P 500 ETF Trust were worth $7,297,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in SPY. CKW Financial Group increased its stake in shares of 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 last quarter. Papp L Roy & Associates bought a new stake in shares of SPDR S&P 500 ETF Trust during the second quarter worth about $223,000. Granite Investment Advisors LLC increased its stake in shares of SPDR S&P 500 ETF Trust by 5.1% in the second quarter. Granite Investment Advisors LLC now owns 932 shares of the exchange traded fund’s stock worth $231,000 after buying an additional 45 shares during the last quarter. Investors Asset Management of Georgia Inc. GA ADV increased its stake in shares of 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 last quarter. Finally, Verus Financial Partners Inc. increased its stake 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 worth $297,000 after buying an additional 45 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE:SPY) opened at 244.56 on Monday. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $248.91. The stock’s 50 day moving average is $245.61 and its 200-day moving average is $240.12.

The company also recently declared a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were given 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. The ex-dividend date was Friday, June 16th. This represents a $4.73 annualized dividend and a yield of 1.94%.

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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 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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