Lourd Capital LLC cut its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 1.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,492 shares of the exchange traded fund’s stock after selling 112 shares during the period. SPDR S&P 500 ETF Trust accounts for approximately 0.2% of Lourd Capital LLC’s holdings, making the stock its 13th largest position. Lourd Capital LLC’s holdings in SPDR S&P 500 ETF Trust were worth $2,537,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently bought and sold shares of SPY. Investors Asset Management of Georgia Inc. GA ADV increased its stake in shares of SPDR S&P 500 ETF Trust by 0.3% in 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 buying an additional 4 shares during the last quarter. Park Avenue Securities LLC acquired a new stake in shares of SPDR S&P 500 ETF Trust during the second quarter worth approximately $336,000. Mcrae Capital Management Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 0.9% in the second quarter. Mcrae Capital Management Inc. now owns 1,405 shares of the exchange traded fund’s stock worth $340,000 after buying an additional 13 shares during the last quarter. SPC Financial Inc. increased its stake 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 during the last quarter. Finally, Mraz Amerine & Associates Inc. increased its stake in shares of SPDR S&P 500 ETF Trust by 20.2% in the second quarter. Mraz Amerine & Associates Inc. now owns 1,788 shares of the exchange traded fund’s stock worth $432,000 after buying an additional 300 shares during the last quarter.
SPDR S&P 500 ETF Trust (SPY) traded down 0.16% during mid-day trading on Friday, reaching $242.71. The company’s stock had a trading volume of 136,740,498 shares. SPDR S&P 500 ETF Trust has a 12-month low of $208.38 and a 12-month high of $248.91. The company has a 50-day moving average price of $245.33 and a 200-day moving average price of $239.44.
The company also recently disclosed a quarterly dividend, which was paid on Monday, July 31st. Stockholders of record on Tuesday, June 20th were given a dividend of $1.1831 per share. 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 dividend on an annualized basis and a dividend yield of 1.95%.
Separately, Goldman Sachs Group, Inc. (The) increased their price target on SPDR S&P 500 ETF Trust from $123.00 to $129.00 in a research 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.
Receive News & Ratings for SPDR S&P; 500 ETF Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SPDR S&P; 500 ETF Trust and related companies with MarketBeat.com's FREE daily email newsletter.
