Industrial Select Sector SPDR Fund Declares Quarterly Dividend of $0.44 (NYSEARCA:XLI)

Industrial Select Sector SPDR Fund (NYSEARCA:XLI) announced a quarterly dividend on Wednesday, December 31st. Investors of record on Monday, June 22nd will be given a dividend of 0.4441 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Monday, June 22nd.

Industrial Select Sector SPDR Fund Price Performance

NYSEARCA XLI opened at $180.91 on Friday. Industrial Select Sector SPDR Fund has a 1-year low of $141.28 and a 1-year high of $182.92. The company has a market capitalization of $31.32 billion, a P/E ratio of 24.30 and a beta of 0.99. The business has a 50 day moving average price of $173.64 and a 200 day moving average price of $167.73.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Richards Merrill & Peterson Inc. acquired a new stake in Industrial Select Sector SPDR Fund in the 4th quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new stake in shares of Industrial Select Sector SPDR Fund in the fourth quarter valued at approximately $25,000. Main Street Group LTD purchased a new position in shares of Industrial Select Sector SPDR Fund during the 1st quarter worth approximately $28,000. Financial Network Wealth Advisors LLC raised its position in shares of Industrial Select Sector SPDR Fund by 148.1% during the 4th quarter. Financial Network Wealth Advisors LLC now owns 196 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 117 shares during the last quarter. Finally, Ransom Advisory Ltd acquired a new position in shares of Industrial Select Sector SPDR Fund during the 4th quarter worth approximately $31,000.

Industrial Select Sector SPDR Fund Company Profile

Industrial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of publicly traded equity securities of companies in The Industrial Select Sector Index (the Index). The Index includes companies from the following industries, aerospace and defense; industrial conglomerates; machinery; road and rail; air freight & logistics; commercial services & supplies; professional services; electrical equipment; construction and engineering; trading companies and distributors; airlines, and building products.