American Financial Network Advisory Services LLC Has $747,000 Stake in SPDR S&P Regional Banking ETF (KRE)

American Financial Network Advisory Services LLC increased its stake in shares of SPDR S&P Regional Banking ETF (NYSEARCA:KRE) by 28,465.9% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 12,569 shares of the exchange traded fund’s stock after purchasing an additional 12,525 shares during the quarter. American Financial Network Advisory Services LLC’s holdings in SPDR S&P Regional Banking ETF were worth $747,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at $114,000. Solstein Capital LLC bought a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at $122,000. Cypress Capital Management LLC WY grew its position in SPDR S&P Regional Banking ETF by 55.9% in the 2nd quarter. Cypress Capital Management LLC WY now owns 2,370 shares of the exchange traded fund’s stock valued at $145,000 after acquiring an additional 850 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank bought a new position in SPDR S&P Regional Banking ETF in the 2nd quarter valued at $146,000. Finally, Bank of Stockton bought a new position in SPDR S&P Regional Banking ETF in the 3rd quarter valued at $200,000.

Shares of KRE stock opened at $54.71 on Friday. SPDR S&P Regional Banking ETF has a twelve month low of $53.75 and a twelve month high of $66.04.

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 26th. Shareholders of record on Monday, September 24th were issued a $0.287 dividend. This represents a $1.15 annualized dividend and a dividend yield of 2.10%. This is a boost from SPDR S&P Regional Banking ETF’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Friday, September 21st.

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

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