Check Capital Management Inc. CA bought a new position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 5,606 shares of the exchange traded fund’s stock, valued at approximately $1,355,000. SPDR S&P 500 ETF Trust accounts for about 0.1% of Check Capital Management Inc. CA’s investment portfolio, making the stock its 25th biggest position.

Several other institutional investors and hedge funds have also made changes to their positions in the company. CKW Financial Group increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.3% during the second quarter. CKW Financial Group now owns 606 shares of the exchange traded fund’s stock worth $147,000 after purchasing an additional 2 shares during the period. Investors Asset Management of Georgia Inc. GA ADV increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.3% during 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 purchasing an additional 4 shares during the period. Regal Wealth Group Inc. increased its holdings 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 during the period. Mcrae Capital Management Inc. increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.9% during the second quarter. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund’s stock worth $340,000 after purchasing an additional 13 shares during the period. Finally, Parkside Financial Bank & Trust increased its holdings in shares of SPDR S&P 500 ETF Trust by 0.5% during the second quarter. Parkside Financial Bank & Trust now owns 3,229 shares of the exchange traded fund’s stock worth $780,000 after purchasing an additional 16 shares during the period.

SPDR S&P 500 ETF Trust (NYSE SPY) opened at 254.66 on Friday. The stock’s 50 day moving average is $248.12 and its 200 day moving average is $242.79. SPDR S&P 500 ETF Trust has a one year low of $208.38 and a one year high of $254.68.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Monday, September 18th will be issued a dividend of $1.2346 per share. This represents a $4.94 dividend on an annualized basis and a yield of 1.94%. The ex-dividend date of this dividend is Friday, September 15th. This is a positive change 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 target price on shares of SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a report 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.

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

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