Prudential Financial Inc. boosted its holdings in shares of Consumer Discretionary SPDR (NYSE:XLY) by 68.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,630 shares of the exchange traded fund’s stock after purchasing an additional 4,330 shares during the quarter. Prudential Financial Inc.’s holdings in Consumer Discretionary SPDR were worth $953,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Usca Ria LLC increased its holdings in Consumer Discretionary SPDR by 45.2% during the 2nd quarter. Usca Ria LLC now owns 6,084 shares of the exchange traded fund’s stock worth $545,000 after purchasing an additional 1,893 shares during the last quarter. Strategic Financial Group LLC increased its holdings in Consumer Discretionary SPDR by 9.8% during the 2nd quarter. Strategic Financial Group LLC now owns 7,909 shares of the exchange traded fund’s stock worth $709,000 after purchasing an additional 706 shares during the last quarter. Robertson Stephens Advisors LLC increased its holdings in Consumer Discretionary SPDR by 104.9% during the 2nd quarter. Robertson Stephens Advisors LLC now owns 51,824 shares of the exchange traded fund’s stock worth $4,645,000 after purchasing an additional 26,533 shares during the last quarter. Karp Capital Management Corp increased its holdings in Consumer Discretionary SPDR by 9.7% during the 2nd quarter. Karp Capital Management Corp now owns 75,471 shares of the exchange traded fund’s stock worth $6,765,000 after purchasing an additional 6,669 shares during the last quarter. Finally, Merriman Wealth Management LLC increased its holdings in Consumer Discretionary SPDR by 3.1% during the 2nd quarter. Merriman Wealth Management LLC now owns 2,846 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 85 shares during the last quarter.

Shares of Consumer Discretionary SPDR (NYSE XLY) opened at 91.72 on Friday. The stock has a 50 day moving average price of $89.64 and a 200-day moving average price of $89.62. Consumer Discretionary SPDR has a one year low of $76.61 and a one year high of $92.55.

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

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

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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