Edge Wealth Management LLC Has $125,000 Position in SPDR S&P Regional Banking ETF (KRE)

Edge Wealth Management LLC reduced its position in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 28.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,670 shares of the exchange traded fund’s stock after selling 1,065 shares during the period. Edge Wealth Management LLC’s holdings in SPDR S&P Regional Banking ETF were worth $125,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Avitas Wealth Management LLC lifted its holdings in SPDR S&P Regional Banking ETF by 8.4% during the 3rd quarter. Avitas Wealth Management LLC now owns 39,780 shares of the exchange traded fund’s stock valued at $2,364,000 after purchasing an additional 3,091 shares during the last quarter. Belpointe Asset Management LLC bought a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth about $253,000. Morgan Stanley raised its stake in shares of SPDR S&P Regional Banking ETF by 36.9% in the third quarter. Morgan Stanley now owns 7,356,632 shares of the exchange traded fund’s stock worth $437,130,000 after acquiring an additional 1,981,280 shares during the last quarter. Rehmann Capital Advisory Group raised its stake in shares of SPDR S&P Regional Banking ETF by 2,195.1% in the third quarter. Rehmann Capital Advisory Group now owns 81,705 shares of the exchange traded fund’s stock worth $3,240,072,000 after acquiring an additional 78,145 shares during the last quarter. Finally, Koshinski Asset Management Inc. bought a new position in shares of SPDR S&P Regional Banking ETF in the third quarter worth about $285,000.

Shares of NYSEARCA KRE opened at $49.98 on Friday. SPDR S&P Regional Banking ETF has a 1-year low of $43.95 and a 1-year high of $66.04.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 27th. Shareholders of record on Monday, December 24th were paid a $0.3187 dividend. The ex-dividend date of this dividend was Friday, December 21st. This is an increase from SPDR S&P Regional Banking ETF’s previous quarterly dividend of $0.29. This represents a $1.27 dividend on an annualized basis and a dividend yield of 2.55%.

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SPDR S&P Regional Banking ETF 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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Want to see what other hedge funds are holding KRE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Regional Banking ETF (NYSEARCA:KRE).

Institutional Ownership by Quarter for SPDR S&P Regional Banking ETF (NYSEARCA:KRE)

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