Cambridge Associates LLC MA ADV lessened its stake in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 9.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 63,882 shares of the exchange traded fund’s stock after selling 6,389 shares during the quarter. SPDR S&P 500 ETF Trust accounts for about 2.4% of Cambridge Associates LLC MA ADV’s holdings, making the stock its 15th biggest holding. Cambridge Associates LLC MA ADV’s holdings in SPDR S&P 500 ETF Trust were worth $15,447,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in the business. CKW Financial Group boosted 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 valued at $147,000 after purchasing an additional 2 shares during the period. Goodman Financial Corp purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter valued at approximately $203,000. iAB Financial Bank purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter valued at approximately $206,000. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of SPDR S&P 500 ETF Trust by 18.8% in the second 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 period. Finally, Papp L Roy & Associates purchased a new position in shares of SPDR S&P 500 ETF Trust in the second quarter valued at approximately $223,000.

SPDR S&P 500 ETF Trust (NYSE SPY) opened at 249.44 on Monday. The stock has a 50 day moving average of $246.63 and a 200 day moving average of $241.70. SPDR S&P 500 ETF Trust has a 1-year low of $208.38 and a 1-year high of $250.32.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, September 18th will be given a dividend of $1.2346 per share. This represents a $4.94 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend is Friday, September 15th. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18.

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

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.

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

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