JBF Capital Inc. raised its holdings in SPDR S&P 500 ETF Trust (NYSE:SPY) by 0.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,523,471 shares of the exchange traded fund’s stock after acquiring an additional 2,000 shares during the quarter. SPDR S&P 500 ETF Trust comprises approximately 39.7% of JBF Capital Inc.’s holdings, making the stock its largest position. JBF Capital Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $368,375,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. CKW Financial Group lifted its stake in 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 acquiring an additional 2 shares during the last quarter. WESPAC Advisors SoCal LLC lifted its stake in SPDR S&P 500 ETF Trust by 68.8% in the second quarter. WESPAC Advisors SoCal LLC now owns 675 shares of the exchange traded fund’s stock valued at $163,000 after acquiring an additional 275 shares during the last quarter. Almanack Investment Partners LLC. lifted its stake in SPDR S&P 500 ETF Trust by 2.6% in the second quarter. Almanack Investment Partners LLC. now owns 698 shares of the exchange traded fund’s stock valued at $170,000 after acquiring an additional 18 shares during the last quarter. Goodman Financial Corp acquired a new stake in SPDR S&P 500 ETF Trust in the second quarter valued at approximately $203,000. Finally, Regal Wealth Group Inc. lifted its stake in SPDR S&P 500 ETF Trust by 0.5% in the second quarter. Regal Wealth Group Inc. now owns 849 shares of the exchange traded fund’s stock valued at $205,000 after acquiring an additional 4 shares during the last quarter.

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

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Shareholders of record on Monday, September 18th will be given a dividend of $1.2346 per share. The ex-dividend date is Friday, September 15th. This represents a $4.94 dividend on an annualized basis and a yield of 1.94%. This is an increase from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18.

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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.

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

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