New Vernon Capital Holdings II LLC cut its holdings in SPDR S&P 500 ETF Trust (NYSE:SPY) by 5.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,559 shares of the exchange traded fund’s stock after selling 2,617 shares during the period. SPDR S&P 500 ETF Trust makes up 18.0% of New Vernon Capital Holdings II LLC’s investment portfolio, making the stock its biggest holding. New Vernon Capital Holdings II LLC’s holdings in SPDR S&P 500 ETF Trust were worth $11,983,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Northwestern Mutual Investment Management Company LLC boosted its holdings in SPDR S&P 500 ETF Trust by 223.2% during the second quarter. Northwestern Mutual Investment Management Company LLC now owns 3,614,380 shares of the exchange traded fund’s stock valued at $757,122,000 after acquiring an additional 2,496,043 shares during the period. Private Vista LLC boosted its holdings in SPDR S&P 500 ETF Trust by 24,630.0% during the second quarter. Private Vista LLC now owns 2,005,105 shares of the exchange traded fund’s stock valued at $399,000 after acquiring an additional 1,996,997 shares during the period. Harbour Capital Advisors LLC boosted its holdings in SPDR S&P 500 ETF Trust by 24,242.9% during the second quarter. Harbour Capital Advisors LLC now owns 1,625,863 shares of the exchange traded fund’s stock valued at $6,724,000 after acquiring an additional 1,619,184 shares during the period. White Mountains Advisors LLC boosted its holdings in SPDR S&P 500 ETF Trust by 97.7% during the second quarter. White Mountains Advisors LLC now owns 2,318,285 shares of the exchange traded fund’s stock valued at $560,561,000 after acquiring an additional 1,145,906 shares during the period. Finally, Sun Life Financial INC boosted its holdings in SPDR S&P 500 ETF Trust by 377.0% during the second quarter. Sun Life Financial INC now owns 1,408,568 shares of the exchange traded fund’s stock valued at $340,592,000 after acquiring an additional 1,113,283 shares during the period.

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Shares of SPDR S&P 500 ETF Trust (SPY) opened at 255.79 on Friday. SPDR S&P 500 ETF Trust has a 12-month low of $208.38 and a 12-month high of $255.95. The firm’s 50-day moving average is $251.18 and its 200-day moving average is $244.23.

The company also recently disclosed 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. The ex-dividend date is Friday, September 15th. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18. This represents a $4.94 annualized dividend and a dividend yield of 1.93%.

Separately, Goldman Sachs Group, Inc. (The) upped 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.

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

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