Ladenburg Thalmann Financial Services Inc. lessened its position in shares of SPDR Series Trust (NYSEARCA:SJNK) by 48.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 636,208 shares of the company’s stock after selling 606,757 shares during the period. Ladenburg Thalmann Financial Services Inc. owned 0.40% of SPDR Series Trust worth $17,534,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Two Sigma Securities LLC bought a new position in SPDR Series Trust during the fourth quarter worth $593,000. Western Asset Management Co. bought a new position in SPDR Series Trust during the fourth quarter worth $42,129,000. Jefferies Group LLC bought a new position in SPDR Series Trust during the fourth quarter worth $1,232,000. Advisor Group Inc. raised its stake in SPDR Series Trust by 6.2% during the fourth quarter. Advisor Group Inc. now owns 516,451 shares of the company’s stock worth $14,232,000 after buying an additional 30,205 shares during the last quarter. Finally, Matthew Goff Investment Advisor LLC raised its stake in SPDR Series Trust by 1.2% during the fourth quarter. Matthew Goff Investment Advisor LLC now owns 212,397 shares of the company’s stock worth $5,854,000 after buying an additional 2,573 shares during the last quarter.
SPDR Series Trust (NYSEARCA SJNK) opened at $27.40 on Wednesday. SPDR Series Trust has a 52 week low of $26.94 and a 52 week high of $28.15.
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