Signature Estate & Investment Advisors LLC cut its stake in shares of SPDR KBW Regional Banking (NYSE:KRE) by 28.6% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,143 shares of the exchange traded fund’s stock after selling 4,054 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in SPDR KBW Regional Banking were worth $557,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Welch Group LLC bought a new stake in shares of SPDR KBW Regional Banking during the second quarter valued at about $100,000. Bronfman E.L. Rothschild L.P. grew its holdings in shares of SPDR KBW Regional Banking by 83.1% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,203 shares of the exchange traded fund’s stock worth $121,000 after purchasing an additional 1,000 shares in the last quarter. Synovus Financial Corp grew its holdings in shares of SPDR KBW Regional Banking by 187.5% during the second quarter. Synovus Financial Corp now owns 2,608 shares of the exchange traded fund’s stock worth $143,000 after purchasing an additional 1,701 shares in the last quarter. Jacobi Capital Management LLC grew its holdings in shares of SPDR KBW Regional Banking by 11.5% during the second quarter. Jacobi Capital Management LLC now owns 3,025 shares of the exchange traded fund’s stock worth $168,000 after purchasing an additional 311 shares in the last quarter. Finally, Peak Asset Management LLC purchased a new position in shares of SPDR KBW Regional Banking during the second quarter worth about $200,000.

Shares of SPDR KBW Regional Banking (NYSE KRE) traded up 0.58% on Friday, hitting $56.76. The stock had a trading volume of 9,515,206 shares. The firm has a 50-day moving average price of $52.63 and a 200-day moving average price of $53.91. SPDR KBW Regional Banking has a 52 week low of $40.97 and a 52 week high of $59.68.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were paid a $0.2062 dividend. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.82 annualized dividend and a dividend yield of 1.45%. This is an increase from SPDR KBW Regional Banking’s previous quarterly dividend of $0.20.

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SPDR KBW Regional Banking Company Profile

SPDR KBW Regional Banking ETF, formerly SPDR S&P Regional Banking ETF, seeks to closely match the returns and characteristics of the S&P Regional Banks Select Industry Index. Its approach is designed to provide portfolios with low portfolio turnover, tracking, and lower costs. As of October 27, 2011, the Company’s holding included Privatebancorp Inc, Webster Finl Corp Conn, Umpqua Hldgs Corp, Firstmerit Corp, East West Bancorp Inc, Fifth Third Bancorp, Fnb Corp Pa, Susquehanna Bancshares Inc and Keycorp New and First Rep Bk San Fran Cali.

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Institutional Ownership by Quarter for SPDR KBW Regional Banking (NYSE:KRE)

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