Astor Investment Management LLC Trims Holdings in Consumer Discretionary SPDR (XLY)

Astor Investment Management LLC decreased its position in shares of Consumer Discretionary SPDR (NYSE:XLY) by 3.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,774 shares of the exchange traded fund’s stock after selling 2,483 shares during the quarter. Consumer Discretionary SPDR makes up approximately 1.2% of Astor Investment Management LLC’s holdings, making the stock its 21st largest holding. Astor Investment Management LLC’s holdings in Consumer Discretionary SPDR were worth $6,195,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of XLY. Puplava Financial Services Inc. lifted its holdings in Consumer Discretionary SPDR by 5.8% during the 2nd quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock worth $220,000 after buying an additional 135 shares in the last quarter. Carroll Financial Associates Inc. lifted its holdings in Consumer Discretionary SPDR by 61.0% during the 2nd quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $152,000 after buying an additional 645 shares in the last quarter. Smith Salley & Associates lifted its holdings in Consumer Discretionary SPDR by 0.9% during the 2nd quarter. Smith Salley & Associates now owns 14,835 shares of the exchange traded fund’s stock worth $1,330,000 after buying an additional 133 shares in the last quarter. Montecito Bank & Trust lifted its holdings in Consumer Discretionary SPDR by 64.0% during the 2nd quarter. Montecito Bank & Trust now owns 15,552 shares of the exchange traded fund’s stock worth $1,394,000 after buying an additional 6,069 shares in the last quarter. Finally, First Heartland Consultants Inc. lifted its holdings in Consumer Discretionary SPDR by 2.4% during the 2nd quarter. First Heartland Consultants Inc. now owns 19,622 shares of the exchange traded fund’s stock worth $1,759,000 after buying an additional 451 shares in the last quarter.

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

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Consumer Discretionary SPDR (NYSE:XLY) traded up 0.14% on Tuesday, reaching $91.47. The company’s stock had a trading volume of 818,080 shares. 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 is $90.06 and its 200-day moving average is $89.83.

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

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.

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

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