Wealthsource Partners LLC raised its position in shares of SPDR KBW Bank (NYSE:KBE) by 6.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 52,015 shares of the exchange traded fund’s stock after buying an additional 2,980 shares during the quarter. Wealthsource Partners LLC’s holdings in SPDR KBW Bank were worth $2,264,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. lifted its position in SPDR KBW Bank by 1.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 4,138 shares of the exchange traded fund’s stock valued at $180,000 after buying an additional 47 shares during the period. IFP Advisors Inc lifted its position in SPDR KBW Bank by 57.3% during the second quarter. IFP Advisors Inc now owns 4,577 shares of the exchange traded fund’s stock valued at $199,000 after buying an additional 1,667 shares during the period. FMR LLC purchased a new position in SPDR KBW Bank during the second quarter valued at $262,000. Parallel Advisors LLC lifted its position in SPDR KBW Bank by 42.7% during the second quarter. Parallel Advisors LLC now owns 6,470 shares of the exchange traded fund’s stock valued at $280,000 after buying an additional 1,935 shares during the period. Finally, Puplava Financial Services Inc. purchased a new position in SPDR KBW Bank during the second quarter valued at $292,000.
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The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were paid a dividend of $0.1653 per share. This is a boost from SPDR KBW Bank’s previous quarterly dividend of $0.15. This represents a $0.66 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Friday, September 15th.
SPDR KBW Bank Profile
SPDR KBW Bank ETF, formerly The SPDR S&P Bank ETF (the Fund), seeks to closely match the returns and characteristics of the S&P Banks Select Industry Index. The S&P Banks Select Industry Index is a float adjusted modified-market, capitalization-weighted index that seeks to reflect the performance of publicly traded companies that do business as banks or thrifts.
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