Amussen Hunsaker & Associates LLC acquired a new position in Utilities SPDR (NYSE:XLU) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 4,135 shares of the exchange traded fund’s stock, valued at approximately $223,000.
Several other institutional investors have also recently modified their holdings of XLU. Captrust Financial Advisors acquired a new position in shares of Utilities SPDR in the second quarter worth about $120,000. D.A. Davidson & CO. raised its position in shares of Utilities SPDR by 9.6% in the second quarter. D.A. Davidson & CO. now owns 2,693 shares of the exchange traded fund’s stock worth $139,000 after acquiring an additional 235 shares during the period. BB&T Investment Services Inc. acquired a new position in shares of Utilities SPDR in the second quarter worth about $176,000. IndexIQ Advisors LLC raised its position in shares of Utilities SPDR by 665.2% in the second quarter. IndexIQ Advisors LLC now owns 3,604 shares of the exchange traded fund’s stock worth $188,000 after acquiring an additional 3,133 shares during the period. Finally, Sei Investments Co. raised its position in shares of Utilities SPDR by 11,337.5% in the second quarter. Sei Investments Co. now owns 3,660 shares of the exchange traded fund’s stock worth $190,000 after acquiring an additional 3,628 shares during the period.
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The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a $0.4172 dividend. This represents a $1.67 annualized dividend and a dividend yield of 3.06%. The ex-dividend date was Friday, September 15th.
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.
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