M&T Bank Corp cut its holdings in SPDR KBW Regional Banking (NYSE:KRE) by 8.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 17,289 shares of the exchange traded fund’s stock after selling 1,669 shares during the quarter. M&T Bank Corp’s holdings in SPDR KBW Regional Banking were worth $950,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. TD Asset Management Inc. lifted its position in SPDR KBW Regional Banking by 1.1% during the 2nd quarter. TD Asset Management Inc. now owns 668,100 shares of the exchange traded fund’s stock worth $36,712,000 after buying an additional 7,300 shares in the last quarter. Sand Hill Global Advisors LLC increased its position in SPDR KBW Regional Banking by 2.8% in the 2nd quarter. Sand Hill Global Advisors LLC now owns 562,304 shares of the exchange traded fund’s stock valued at $30,899,000 after acquiring an additional 15,249 shares in the last quarter. MML Investors Services LLC acquired a new stake in SPDR KBW Regional Banking in the 2nd quarter valued at about $9,412,000. New York State Common Retirement Fund increased its position in SPDR KBW Regional Banking by 36.2% in the 2nd quarter. New York State Common Retirement Fund now owns 149,559 shares of the exchange traded fund’s stock valued at $8,218,000 after acquiring an additional 39,787 shares in the last quarter. Finally, Cullen Frost Bankers Inc. increased its position in SPDR KBW Regional Banking by 6.4% in the 2nd quarter. Cullen Frost Bankers Inc. now owns 145,189 shares of the exchange traded fund’s stock valued at $7,978,000 after acquiring an additional 8,750 shares in the last quarter.

SPDR KBW Regional Banking (KRE) opened at 57.12 on Tuesday. SPDR KBW Regional Banking has a 52 week low of $41.36 and a 52 week high of $59.68. The firm has a 50 day moving average of $52.95 and a 200-day moving average of $53.80.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were given a dividend of $0.2062 per share. This is an increase from SPDR KBW Regional Banking’s previous quarterly dividend of $0.20. This represents a $0.82 annualized dividend and a dividend yield of 1.44%. The ex-dividend date was Friday, September 15th.

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About SPDR KBW Regional Banking

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.

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

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