Consumer Discretionary SPDR (XLY) Holdings Raised by UBS Asset Management Americas Inc.
UBS Asset Management Americas Inc. boosted its position in Consumer Discretionary SPDR (NYSE:XLY) by 4.3% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 240,733 shares of the exchange traded fund’s stock after purchasing an additional 9,832 shares during the period. UBS Asset Management Americas Inc.’s holdings in Consumer Discretionary SPDR were worth $21,577,000 as of its most recent SEC filing.
A number of other hedge funds have also recently modified their holdings of XLY. Ballentine Partners LLC increased its stake in Consumer Discretionary SPDR by 24.9% in the 2nd quarter. Ballentine Partners LLC now owns 1,659 shares of the exchange traded fund’s stock valued at $152,000 after buying an additional 331 shares during the last quarter. Carroll Financial Associates Inc. lifted its position in shares of Consumer Discretionary SPDR by 61.0% during the 2nd quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $152,000 after buying an additional 645 shares in the last quarter. BRYN MAWR TRUST Co bought a new position in shares of Consumer Discretionary SPDR during the 2nd quarter worth approximately $204,000. RFG Advisory Group LLC bought a new position in shares of Consumer Discretionary SPDR during the 2nd quarter worth approximately $208,000. Finally, Puplava Financial Services Inc. lifted its position in shares of Consumer Discretionary SPDR by 5.8% during the 2nd quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock worth $220,000 after buying an additional 135 shares in the last quarter.
Shares of Consumer Discretionary SPDR (NYSE:XLY) opened at 90.08 on Monday. Consumer Discretionary SPDR has a 12 month low of $76.61 and a 12 month high of $92.55. The company’s 50 day moving average price is $89.76 and its 200-day moving average price is $89.36.
The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were issued a $0.318 dividend. The ex-dividend date of this dividend was Friday, September 15th. This is a boost from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27. This represents a $1.27 annualized dividend and a yield of 1.41%.
Separately, Morgan Stanley downgraded Consumer Discretionary SPDR to an “underweight” rating in a research note on Monday, September 25th.
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Consumer Discretionary SPDR Profile
Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.
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