Thrivent Financial For Lutherans boosted its stake in Utilities SPDR (NYSE:XLU) by 1.1% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 217,390 shares of the exchange traded fund’s stock after acquiring an additional 2,290 shares during the period. Thrivent Financial For Lutherans’ holdings in Utilities SPDR were worth $11,295,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Leucadia National Corp lifted its position in Utilities SPDR by 162.3% in the second quarter. Leucadia National Corp now owns 122,502 shares of the exchange traded fund’s stock valued at $6,365,000 after acquiring an additional 75,794 shares during the last quarter. Barry Investment Advisors LLC raised its holdings in shares of Utilities SPDR by 0.5% in the second quarter. Barry Investment Advisors LLC now owns 27,381 shares of the exchange traded fund’s stock valued at $1,423,000 after buying an additional 137 shares during the last quarter. Cambridge Investment Research Advisors Inc. raised its holdings in shares of Utilities SPDR by 20.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 147,729 shares of the exchange traded fund’s stock valued at $7,676,000 after buying an additional 24,735 shares during the last quarter. Parsec Financial Management Inc. purchased a new stake in shares of Utilities SPDR in the second quarter valued at about $437,000. Finally, BB&T Securities LLC raised its holdings in shares of Utilities SPDR by 84.7% in the second quarter. BB&T Securities LLC now owns 27,134 shares of the exchange traded fund’s stock valued at $1,410,000 after buying an additional 12,443 shares during the last quarter.
Shares of Utilities SPDR (XLU) opened at 53.67 on Friday. Utilities SPDR has a one year low of $45.33 and a one year high of $55.90. The stock has a 50 day moving average of $54.57 and a 200-day moving average of $52.82.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be issued a dividend of $0.4172 per share. This represents a $1.67 annualized dividend and a yield of 3.11%. The ex-dividend date is Friday, September 15th.
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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.
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