Hochman Cole Investment Advisors Inc. cut its stake in Utilities SPDR (NYSEARCA:XLU) by 2.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,639 shares of the exchange traded fund’s stock after selling 1,435 shares during the quarter. Utilities SPDR accounts for 1.7% of Hochman Cole Investment Advisors Inc.’s holdings, making the stock its 19th biggest position. Hochman Cole Investment Advisors Inc.’s holdings in Utilities SPDR were worth $2,668,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Dow Chemical Co. DE increased its stake in shares of Utilities SPDR by 41.5% in the 3rd quarter. Dow Chemical Co. DE now owns 411,893 shares of the exchange traded fund’s stock valued at $21,851,000 after acquiring an additional 120,790 shares during the last quarter. Bank of New York Mellon Corp increased its stake in Utilities SPDR by 54.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 24,997 shares of the exchange traded fund’s stock worth $1,326,000 after purchasing an additional 8,799 shares in the last quarter. Private Advisor Group LLC increased its stake in Utilities SPDR by 26.2% during the 3rd quarter. Private Advisor Group LLC now owns 65,505 shares of the exchange traded fund’s stock worth $3,501,000 after purchasing an additional 13,605 shares in the last quarter. Cetera Advisors LLC increased its stake in Utilities SPDR by 140.3% during the 3rd quarter. Cetera Advisors LLC now owns 20,137 shares of the exchange traded fund’s stock worth $1,072,000 after purchasing an additional 11,758 shares in the last quarter. Finally, Swan Global Investments LLC increased its stake in Utilities SPDR by 6.2% during the 3rd quarter. Swan Global Investments LLC now owns 7,262,061 shares of the exchange traded fund’s stock worth $385,543,000 after purchasing an additional 421,127 shares in the last quarter.

Shares of Utilities SPDR (NYSEARCA XLU) opened at $50.06 on Tuesday. Utilities SPDR has a 52 week low of $48.11 and a 52 week high of $57.23. The stock has a market capitalization of $7,060.00 and a P/E ratio of 15.84.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a dividend of $0.5112 per share. This represents a $2.04 dividend on an annualized basis and a yield of 4.08%. This is a boost from Utilities SPDR’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Friday, December 15th. Utilities SPDR’s dividend payout ratio is presently 55.38%.

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Utilities SPDR Company Profile

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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