Sandy Spring Bank reduced its position in shares of Consumer Discretionary SPDR (NYSE:XLY) by 2.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,896 shares of the exchange traded fund’s stock after selling 1,237 shares during the period. Sandy Spring Bank’s holdings in Consumer Discretionary SPDR were worth $4,383,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. boosted its position in shares of Consumer Discretionary SPDR by 34.9% during the second quarter. Ameriprise Financial Inc. now owns 1,596,729 shares of the exchange traded fund’s stock worth $143,179,000 after buying an additional 413,031 shares during the period. Nippon Life Insurance Co. boosted its position in shares of Consumer Discretionary SPDR by 51.6% during the second quarter. Nippon Life Insurance Co. now owns 1,022,600 shares of the exchange traded fund’s stock worth $91,656,000 after buying an additional 348,000 shares during the period. Janney Montgomery Scott LLC boosted its position in shares of Consumer Discretionary SPDR by 3.3% during the second quarter. Janney Montgomery Scott LLC now owns 947,275 shares of the exchange traded fund’s stock worth $84,904,000 after buying an additional 30,345 shares during the period. BNP Paribas Arbitrage SA boosted its position in shares of Consumer Discretionary SPDR by 4.2% during the second quarter. BNP Paribas Arbitrage SA now owns 933,312 shares of the exchange traded fund’s stock worth $83,653,000 after buying an additional 37,199 shares during the period. Finally, AGF Investments Inc. boosted its position in shares of Consumer Discretionary SPDR by 15.9% during the second quarter. AGF Investments Inc. now owns 712,923 shares of the exchange traded fund’s stock worth $63,934,000 after buying an additional 97,763 shares during the period.

Consumer Discretionary SPDR (NYSE XLY) traded down 0.28% on Friday, hitting $89.63. The stock had a trading volume of 3,911,134 shares. The company’s 50-day moving average price is $89.88 and its 200 day moving average price is $89.30. Consumer Discretionary SPDR has a one year low of $76.61 and a one year high of $92.55.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 18th will be paid a dividend of $0.318 per share. The ex-dividend date of this dividend is 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 dividend yield of 1.42%.

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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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Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSE:XLY)

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