McAdam LLC bought a new position in Consumer Discretionary SPDR (NYSE:XLY) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 2,254 shares of the exchange traded fund’s stock, valued at approximately $202,000.

Other large investors also recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake 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 valued at $143,179,000 after acquiring an additional 413,031 shares during the last quarter. Nippon Life Insurance Co. raised its stake 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 valued at $91,656,000 after acquiring an additional 348,000 shares during the last quarter. Janney Montgomery Scott LLC raised its stake 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 valued at $84,904,000 after acquiring an additional 30,345 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. raised its stake in shares of Consumer Discretionary SPDR by 96.9% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 937,048 shares of the exchange traded fund’s stock valued at $83,993,000 after acquiring an additional 461,229 shares during the last quarter. Finally, BNP Paribas Arbitrage SA raised its stake 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 valued at $83,653,000 after acquiring an additional 37,199 shares during the last quarter.

Shares of Consumer Discretionary SPDR (XLY) traded down 0.07% during trading on Monday, hitting $91.16. 1,035,216 shares of the stock traded hands. Consumer Discretionary SPDR has a 12 month low of $76.61 and a 12 month high of $92.55. The firm’s 50-day moving average price is $90.06 and its 200-day moving average price is $89.83.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a $0.318 dividend. This represents a $1.27 annualized dividend and a dividend yield of 1.39%. The ex-dividend date of this dividend was Friday, September 15th. This is a positive change from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27.

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Separately, Morgan Stanley downgraded shares of Consumer Discretionary SPDR to an “underweight” rating in a research note on Monday, September 25th.

About Consumer Discretionary SPDR

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.

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

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