C M Bidwell & Associates Ltd. acquired a new position in Utilities SPDR (NYSE:XLU) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,375 shares of the exchange traded fund’s stock, valued at approximately $799,000.

A number of other institutional investors have also added to or reduced their stakes in the business. Mizuho Trust & Banking Co. Ltd. boosted its holdings in shares of Utilities SPDR by 820.0% during the second quarter. Mizuho Trust & Banking Co. Ltd. now owns 920,000 shares of the exchange traded fund’s stock valued at $47,803,000 after acquiring an additional 820,000 shares during the period. BlueCrest Capital Management Ltd boosted its holdings in shares of Utilities SPDR by 1,107.6% during the second quarter. BlueCrest Capital Management Ltd now owns 337,323 shares of the exchange traded fund’s stock valued at $17,527,000 after acquiring an additional 309,390 shares during the period. Wechter Feldman Wealth Management Inc. acquired a new position in shares of Utilities SPDR during the second quarter valued at $9,815,000. Florin Court Capital LLP boosted its holdings in shares of Utilities SPDR by 123.3% during the second quarter. Florin Court Capital LLP now owns 259,700 shares of the exchange traded fund’s stock valued at $13,494,000 after acquiring an additional 143,400 shares during the period. Finally, Ameriprise Financial Inc. boosted its holdings in shares of Utilities SPDR by 68.0% during the second quarter. Ameriprise Financial Inc. now owns 296,741 shares of the exchange traded fund’s stock valued at $15,407,000 after acquiring an additional 120,125 shares during the period.

Shares of Utilities SPDR (NYSE XLU) traded down 0.07% during trading on Friday, hitting $53.43. 10,418,156 shares of the stock traded hands. The firm’s 50-day moving average price is $54.32 and its 200-day moving average price is $53.00. Utilities SPDR has a 52 week low of $45.33 and a 52 week high of $55.90.

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were paid a dividend of $0.4172 per share. The ex-dividend date was Friday, September 15th. This represents a $1.67 annualized dividend and a yield of 3.12%.

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Utilities SPDR Company Profile

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.

Institutional Ownership by Quarter for Utilities SPDR (NYSE:XLU)

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