Garde Capital Inc. Boosts Stake in SPDR S&P 500 ETF Trust (NYSE:SPY)

Garde Capital Inc. raised its stake in SPDR S&P 500 ETF Trust (NYSE:SPY) by 287.5% during the second quarter, according to its most recent filing with the SEC. The fund owned 9,404 shares of the exchange traded fund’s stock after buying an additional 6,977 shares during the period. SPDR S&P 500 ETF Trust comprises 0.6% of Garde Capital Inc.’s investment portfolio, making the stock its 29th largest position. Garde Capital Inc.’s holdings in SPDR S&P 500 ETF Trust were worth $2,274,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Carroll Financial Associates Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 2.2% in the second quarter. Carroll Financial Associates Inc. now owns 55,974 shares of the exchange traded fund’s stock worth $13,534,000 after buying an additional 1,216 shares in the last quarter. SPC Financial Inc. boosted its position in shares of SPDR S&P 500 ETF Trust by 42.3% in the second quarter. SPC Financial Inc. now owns 1,707 shares of the exchange traded fund’s stock worth $413,000 after buying an additional 507 shares in the last quarter. American Economic Planning Group Inc. ADV boosted its position in shares of SPDR S&P 500 ETF Trust by 8.3% in the second quarter. American Economic Planning Group Inc. ADV now owns 3,853 shares of the exchange traded fund’s stock worth $932,000 after buying an additional 296 shares in the last quarter. Regentatlantic Capital LLC boosted its position in shares of SPDR S&P 500 ETF Trust by 0.5% in the second quarter. Regentatlantic Capital LLC now owns 22,987 shares of the exchange traded fund’s stock worth $5,558,000 after buying an additional 117 shares in the last quarter. Finally, First Midwest Bank Trust Division boosted its position in shares of SPDR S&P 500 ETF Trust by 23.8% in the second quarter. First Midwest Bank Trust Division now owns 156,787 shares of the exchange traded fund’s stock worth $37,911,000 after buying an additional 30,165 shares in the last quarter.

SPDR S&P 500 ETF Trust (NYSE SPY) opened at 244.12 on Friday. SPDR S&P 500 ETF Trust has a 52 week low of $208.38 and a 52 week high of $248.91. The company has a 50-day moving average price of $244.99 and a 200-day moving average price of $238.95. SPDR S&P 500 ETF Trust also was the recipient of some unusual options trading on Thursday. Stock traders acquired 1,798,225 put options on the stock. This is an increase of approximately 150% compared to the average volume of 718,356 put options.

The business also recently announced a quarterly dividend, which was paid on Monday, July 31st. Shareholders of record on Tuesday, June 20th were paid a $1.1831 dividend. This is a positive change from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.03. The ex-dividend date was Friday, June 16th. This represents a $4.73 annualized dividend and a yield of 1.94%.

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

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

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