WBI Investments Inc. purchased a new position in shares of Consumer Discretionary SPDR (NYSE:XLY) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 5,211 shares of the exchange traded fund’s stock, valued at approximately $467,000.

Several other institutional investors and hedge funds have also modified their holdings of XLY. Ballentine Partners LLC grew its stake in shares of Consumer Discretionary SPDR by 24.9% in the second quarter. Ballentine Partners LLC now owns 1,659 shares of the exchange traded fund’s stock valued at $152,000 after buying an additional 331 shares in the last quarter. Carroll Financial Associates Inc. grew its stake in shares of Consumer Discretionary SPDR by 61.0% in the second quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock valued at $152,000 after buying an additional 645 shares in the last quarter. RFG Advisory Group LLC bought a new position in shares of Consumer Discretionary SPDR in the second quarter valued at $208,000. Puplava Financial Services Inc. grew its stake in shares of Consumer Discretionary SPDR by 5.8% in the second quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock valued at $220,000 after buying an additional 135 shares in the last quarter. Finally, Montag & Caldwell LLC bought a new position in shares of Consumer Discretionary SPDR in the second quarter valued at $232,000.

Consumer Discretionary SPDR (NYSE:XLY) opened at 89.63 on Friday. Consumer Discretionary SPDR has a 1-year low of $76.61 and a 1-year high of $92.55. The company has a 50 day moving average of $89.88 and a 200 day moving average of $89.30.

The business also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 18th will be issued a dividend of $0.318 per share. The ex-dividend date of this dividend is Friday, September 15th. This represents a $1.27 annualized dividend and a yield of 1.42%. This is an increase from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27.

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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.

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

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