Beaumont Financial Partners LLC cut its position in Utilities SPDR (NYSE:XLU) by 0.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 90,701 shares of the exchange traded fund’s stock after selling 566 shares during the period. Beaumont Financial Partners LLC’s holdings in Utilities SPDR were worth $4,713,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently modified their holdings of XLU. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in shares of Utilities SPDR in the second quarter worth approximately $1,270,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new stake in shares of Utilities SPDR in the second quarter worth approximately $3,533,000. FineMark National Bank & Trust boosted its stake in shares of Utilities SPDR by 35.2% in the second quarter. FineMark National Bank & Trust now owns 5,929 shares of the exchange traded fund’s stock worth $308,000 after acquiring an additional 1,545 shares during the last quarter. Ferguson Wellman Capital Management Inc. acquired a new stake in shares of Utilities SPDR in the second quarter worth approximately $236,000. Finally, Benjamin F. Edwards & Company Inc. boosted its stake in shares of Utilities SPDR by 409.4% in the second quarter. Benjamin F. Edwards & Company Inc. now owns 6,212 shares of the exchange traded fund’s stock worth $323,000 after acquiring an additional 8,220 shares during the last quarter.
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Shares of Utilities SPDR (NYSE:XLU) traded down 0.268% during mid-day trading on Tuesday, hitting $54.045. The stock had a trading volume of 5,217,043 shares. Utilities SPDR has a 52-week low of $45.33 and a 52-week high of $55.90. The stock has a 50 day moving average price of $54.54 and a 200-day moving average price of $52.80. Utilities SPDR also was the recipient of some unusual options trading on Monday. Stock traders acquired 19,980 put options on the stock. This is an increase of 134% compared to the average daily volume of 8,531 put options.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 18th will be paid a $0.4172 dividend. This represents a $1.67 annualized dividend and a yield of 3.08%. The ex-dividend date of this dividend is Friday, September 15th.
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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