SPDR S&P 500 ETF Trust (SPY) Position Reduced by Budros Ruhlin & Roe Inc.
Budros Ruhlin & Roe Inc. reduced its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 14.7% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,547 shares of the exchange traded fund’s stock after selling 439 shares during the quarter. Budros Ruhlin & Roe Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $616,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also recently bought and sold shares of the stock. CKW Financial Group grew its position in 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 purchasing an additional 2 shares during the last quarter. Goodman Financial Corp purchased a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter valued at about $203,000. iAB Financial Bank purchased a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter valued at about $206,000. Patriot Financial Group Insurance Agency LLC grew its position in SPDR S&P 500 ETF Trust by 18.8% during the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 910 shares of the exchange traded fund’s stock valued at $221,000 after purchasing an additional 144 shares during the last quarter. Finally, Papp L Roy & Associates purchased a new stake in SPDR S&P 500 ETF Trust during the 2nd quarter valued at about $223,000.
Separately, Goldman Sachs Group, Inc. (The) increased their price objective on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research report on Wednesday, June 28th.
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Shares of SPDR S&P 500 ETF Trust (NYSE SPY) opened at 249.19 on Monday. The stock’s 50 day moving average is $246.46 and its 200-day moving average is $241.49. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $250.32.
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 dividend on an annualized basis and a dividend yield of 1.98%.
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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