PFG Advisors purchased a new stake in SPDR Series Trust (NYSEARCA:SJNK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 7,595 shares of the company’s stock, valued at approximately $209,000.
A number of other institutional investors and hedge funds have also modified their holdings of SJNK. Cardan Capital Partners LLC increased its position in SPDR Series Trust by 2.2% in the 4th quarter. Cardan Capital Partners LLC now owns 140,138 shares of the company’s stock valued at $3,862,000 after acquiring an additional 3,019 shares during the period. Atria Investments LLC increased its position in SPDR Series Trust by 8.1% in the 4th quarter. Atria Investments LLC now owns 75,901 shares of the company’s stock valued at $2,092,000 after acquiring an additional 5,709 shares during the period. Coastline Trust Co boosted its stake in SPDR Series Trust by 4.0% during the 4th quarter. Coastline Trust Co now owns 99,785 shares of the company’s stock valued at $2,750,000 after purchasing an additional 3,830 shares in the last quarter. Longfellow Investment Management Co. LLC boosted its stake in SPDR Series Trust by 5.1% during the 4th quarter. Longfellow Investment Management Co. LLC now owns 161,700 shares of the company’s stock valued at $4,457,000 after purchasing an additional 7,800 shares in the last quarter. Finally, SG Americas Securities LLC boosted its stake in SPDR Series Trust by 50.3% during the 4th quarter. SG Americas Securities LLC now owns 29,865 shares of the company’s stock valued at $823,000 after purchasing an additional 10,000 shares in the last quarter.
Shares of SPDR Series Trust (SJNK) traded up $0.01 during midday trading on Wednesday, reaching $27.30. The company’s stock had a trading volume of 2,810,119 shares, compared to its average volume of 3,332,271. SPDR Series Trust has a 52-week low of $26.94 and a 52-week high of $28.17.
The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 7th. Stockholders of record on Friday, February 2nd were paid a dividend of $0.1233 per share. The ex-dividend date was Thursday, February 1st. This is a positive change from SPDR Series Trust’s previous monthly dividend of $0.12. This represents a $1.48 annualized dividend and a dividend yield of 5.42%.
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