Suntrust Banks Inc. increased its holdings in shares of SPDR KBW Regional Banking (NYSE:KRE) by 4.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 99,350 shares of the exchange traded fund’s stock after acquiring an additional 4,672 shares during the period. Suntrust Banks Inc.’s holdings in SPDR KBW Regional Banking were worth $5,458,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of KRE. MML Investors Services LLC acquired a new stake in shares of SPDR KBW Regional Banking during the 2nd quarter valued at about $9,412,000. Lazard Asset Management LLC acquired a new stake in shares of SPDR KBW Regional Banking during the 2nd quarter valued at about $7,187,000. Trust Co. of Virginia VA acquired a new stake in shares of SPDR KBW Regional Banking during the 2nd quarter valued at about $5,673,000. ALGEBRIS UK Ltd acquired a new stake in shares of SPDR KBW Regional Banking during the 2nd quarter valued at about $4,591,000. Finally, New York State Common Retirement Fund boosted its position in shares of SPDR KBW Regional Banking by 36.2% during 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.

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Shares of SPDR KBW Regional Banking (NYSE:KRE) opened at 54.40 on Monday. The stock’s 50 day moving average is $52.63 and its 200 day moving average is $53.91. SPDR KBW Regional Banking has a 12 month low of $40.97 and a 12 month high of $59.68.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 18th will be given a dividend of $0.2062 per share. This represents a $0.82 dividend on an annualized basis and a yield of 1.52%. This is a positive change from SPDR KBW Regional Banking’s previous quarterly dividend of $0.20. The ex-dividend date of this dividend is Friday, September 15th.

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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