Thurston Springer Miller Herd & Titak Inc. Has $316,000 Stock Holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK)

Thurston Springer Miller Herd & Titak Inc. grew its holdings in SPDR ICE Preferred Securities ETF (NYSEARCA:PSK) by 39.7% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,752 shares of the company’s stock after buying an additional 2,770 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in SPDR ICE Preferred Securities ETF were worth $316,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Wells Fargo & Company MN increased its stake in shares of SPDR ICE Preferred Securities ETF by 4.1% in the fourth quarter. Wells Fargo & Company MN now owns 852,411 shares of the company’s stock valued at $28,121,000 after buying an additional 33,227 shares in the last quarter. Royal Bank of Canada boosted its holdings in SPDR ICE Preferred Securities ETF by 3.5% in the fourth quarter. Royal Bank of Canada now owns 803,410 shares of the company’s stock valued at $26,504,000 after acquiring an additional 27,222 shares during the last quarter. Flputnam Investment Management Co. boosted its holdings in SPDR ICE Preferred Securities ETF by 5.4% in the fourth quarter. Flputnam Investment Management Co. now owns 573,747 shares of the company’s stock valued at $18,928,000 after acquiring an additional 29,243 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in SPDR ICE Preferred Securities ETF by 2.0% in the fourth quarter. Envestnet Asset Management Inc. now owns 500,176 shares of the company’s stock valued at $16,501,000 after acquiring an additional 9,676 shares during the last quarter. Finally, ST Germain D J Co. Inc. boosted its holdings in SPDR ICE Preferred Securities ETF by 14.9% in the first quarter. ST Germain D J Co. Inc. now owns 268,321 shares of the company’s stock valued at $8,691,000 after acquiring an additional 34,785 shares during the last quarter.

SPDR ICE Preferred Securities ETF Trading Down 0.4%

SPDR ICE Preferred Securities ETF stock opened at $31.55 on Friday. The business’s 50-day simple moving average is $31.59 and its 200 day simple moving average is $32.78. SPDR ICE Preferred Securities ETF has a 12-month low of $30.85 and a 12-month high of $36.06.

SPDR ICE Preferred Securities ETF Company Profile

SPDR Wells Fargo Preferred Stock ETF (the Fund) seeks to replicate the total return of the Wells Fargo Hybrid and Preferred Securities Aggregate Index (the Index). The Index is a modified market capitalization weighted index designed to measure the performance of non-convertible preferred stock and securities that are functionally equivalent to preferred stock, including, but not limited to, depositary preferred securities, perpetual subordinated debt and certain securities issued by banks and other financial institutions that are eligible for capital treatment with respect to such instruments akin to that received for issuance of straight preferred stock.