Commerzbank Aktiengesellschaft FI Trims Position in SPDR S&P 500 ETF Trust (SPY)

Commerzbank Aktiengesellschaft FI lessened its position in shares of SPDR S&P 500 ETF Trust (NYSE:SPY) by 48.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,609 shares of the exchange traded fund’s stock after selling 3,441 shares during the quarter. Commerzbank Aktiengesellschaft FI’s holdings in SPDR S&P 500 ETF Trust were worth $873,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. RiverPoint Capital Management LLC increased its position in SPDR S&P 500 ETF Trust by 6.1% during the second quarter. RiverPoint Capital Management LLC now owns 19,928 shares of the exchange traded fund’s stock valued at $4,819,000 after acquiring an additional 1,146 shares during the last quarter. State of Wisconsin Investment Board increased its position in SPDR S&P 500 ETF Trust by 196.7% during the second quarter. State of Wisconsin Investment Board now owns 7,760 shares of the exchange traded fund’s stock valued at $1,876,000 after acquiring an additional 5,145 shares during the last quarter. MUFG Americas Holdings Corp increased its position in SPDR S&P 500 ETF Trust by 1.3% during the second quarter. MUFG Americas Holdings Corp now owns 171,534 shares of the exchange traded fund’s stock valued at $41,477,000 after acquiring an additional 2,269 shares during the last quarter. MEMBERS Trust Co increased its position in SPDR S&P 500 ETF Trust by 0.9% during the second quarter. MEMBERS Trust Co now owns 831,477 shares of the exchange traded fund’s stock valued at $201,051,000 after acquiring an additional 7,364 shares during the last quarter. Finally, Douglass Winthrop Advisors LLC increased its position in SPDR S&P 500 ETF Trust by 24.2% during the second quarter. Douglass Winthrop Advisors LLC now owns 14,409 shares of the exchange traded fund’s stock valued at $3,484,000 after acquiring an additional 2,805 shares during the last quarter.

Shares of SPDR S&P 500 ETF Trust (NYSE SPY) opened at 249.97 on Wednesday. The firm has a 50-day moving average price of $246.63 and a 200-day moving average price of $241.70. SPDR S&P 500 ETF Trust has a 12 month low of $208.38 and a 12 month high of $250.32.

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 of this dividend is Friday, September 15th. This represents a $4.94 dividend on an annualized basis and a yield of 1.98%. This is a boost from SPDR S&P 500 ETF Trust’s previous quarterly dividend of $1.18.

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

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SPDR S&P 500 ETF Trust Company 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.

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

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