Stifel Financial Corp grew its position in shares of Utilities SPDR (NYSEARCA:XLU) by 5.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 57,654 shares of the exchange traded fund’s stock after purchasing an additional 2,731 shares during the period. Stifel Financial Corp’s holdings in Utilities SPDR were worth $3,048,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Bruderman Asset Management LLC lifted its stake in shares of Utilities SPDR by 19.2% in the 3rd quarter. Bruderman Asset Management LLC now owns 50,681 shares of the exchange traded fund’s stock valued at $2,689,000 after acquiring an additional 8,165 shares during the last quarter. BB&T Securities LLC lifted its stake in shares of Utilities SPDR by 231.9% in the 3rd quarter. BB&T Securities LLC now owns 90,059 shares of the exchange traded fund’s stock valued at $4,777,000 after acquiring an additional 62,925 shares during the last quarter. Captrust Financial Advisors lifted its stake in shares of Utilities SPDR by 316.8% in the 3rd quarter. Captrust Financial Advisors now owns 9,632 shares of the exchange traded fund’s stock valued at $511,000 after acquiring an additional 7,321 shares during the last quarter. Sii Investments Inc. WI bought a new stake in shares of Utilities SPDR in the 3rd quarter valued at about $439,000. Finally, Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. lifted its stake in shares of Utilities SPDR by 11.1% in the 3rd quarter. Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. now owns 22,349 shares of the exchange traded fund’s stock valued at $1,186,000 after acquiring an additional 2,225 shares during the last quarter.

Shares of Utilities SPDR (XLU) opened at $53.42 on Wednesday. Utilities SPDR has a 52 week low of $47.85 and a 52 week high of $57.23.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 26th. Investors of record on Monday, December 18th will be issued a dividend of $0.5112 per share. This represents a $2.04 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date is Friday, December 15th. This is an increase from Utilities SPDR’s previous quarterly dividend of $0.42. Utilities SPDR’s payout ratio is currently 55.38%.

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About Utilities SPDR

Select Sector Utilities Select Sector SPDR Fund (the Fund), formerly Utilities Select Sector SPDR Fund, seeks to provide investment results that correspond to the price and yield performance of the Utilities Select Sector of the S&P 500 Index (the Index). The Index includes companies from industries, such as electric utilities, multi-utilities, independent power producers and energy traders, and gas utilities.

Institutional Ownership by Quarter for Utilities SPDR (NYSEARCA:XLU)

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