Baird Financial Group Inc. Decreases Stock Position in SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY)

Baird Financial Group Inc. trimmed its stake in shares of SPDR Russell 1000 Yield Focus ETF (NYSEARCA:ONEY) by 2.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,479 shares of the company’s stock after selling 316 shares during the quarter. Baird Financial Group Inc.’s holdings in SPDR Russell 1000 Yield Focus ETF were worth $1,358,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 10,847.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 840,577 shares of the company’s stock valued at $91,508,000 after acquiring an additional 832,899 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in SPDR Russell 1000 Yield Focus ETF by 22.6% during the 4th quarter. Ameriprise Financial Inc. now owns 771,146 shares of the company’s stock valued at $83,938,000 after acquiring an additional 142,354 shares during the last quarter. LPL Financial LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 4.0% during the 4th quarter. LPL Financial LLC now owns 619,251 shares of the company’s stock valued at $67,413,000 after acquiring an additional 23,664 shares during the last quarter. Raymond James Financial Inc. bought a new position in SPDR Russell 1000 Yield Focus ETF during the 4th quarter valued at $22,351,000. Finally, Mariner LLC boosted its stake in SPDR Russell 1000 Yield Focus ETF by 4.1% during the 4th quarter. Mariner LLC now owns 162,107 shares of the company’s stock valued at $17,647,000 after acquiring an additional 6,396 shares during the last quarter.

SPDR Russell 1000 Yield Focus ETF Price Performance

NYSEARCA ONEY opened at $107.88 on Wednesday. The company’s fifty day moving average price is $105.00 and its two-hundred day moving average price is $109.58. SPDR Russell 1000 Yield Focus ETF has a 12 month low of $94.39 and a 12 month high of $118.17. The company has a market capitalization of $814.49 million, a price-to-earnings ratio of 15.20 and a beta of 0.98.

About SPDR Russell 1000 Yield Focus ETF

The SPDR Russell 1000 Yield Focus ETF (ONEY) is an exchange-traded fund that is based on the Russell 1000 Yield Focused Factor index. The fund tracks an index of large-cap stocks from the Russell 1000 Index, selected and weighted by four factors that are scaled by market cap. ONEY was launched on Dec 2, 2015 and is managed by State Street.