Quantitative Investment Management LLC boosted its position in Consumer Discretionary SPDR (NYSE:XLY) by 39.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 440,500 shares of the exchange traded fund’s stock after buying an additional 124,300 shares during the quarter. Consumer Discretionary SPDR makes up about 0.6% of Quantitative Investment Management LLC’s holdings, making the stock its 22nd biggest position. Quantitative Investment Management LLC’s holdings in Consumer Discretionary SPDR were worth $39,482,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Fernwood Investment Management LLC boosted its holdings in Consumer Discretionary SPDR by 1.9% in the 2nd quarter. Fernwood Investment Management LLC now owns 2,682 shares of the exchange traded fund’s stock valued at $240,000 after purchasing an additional 50 shares during the period. California Capital Advisors Inc. boosted its holdings in Consumer Discretionary SPDR by 1.5% in the 2nd quarter. California Capital Advisors Inc. now owns 4,819 shares of the exchange traded fund’s stock valued at $432,000 after purchasing an additional 69 shares during the period. Merriman Wealth Management LLC boosted its holdings in Consumer Discretionary SPDR by 3.1% in the 2nd quarter. Merriman Wealth Management LLC now owns 2,846 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 85 shares during the period. NewSquare Capital LLC boosted its holdings in Consumer Discretionary SPDR by 0.8% in the 2nd quarter. NewSquare Capital LLC now owns 15,177 shares of the exchange traded fund’s stock valued at $1,360,000 after purchasing an additional 125 shares during the period. Finally, Smith Salley & Associates boosted its holdings in Consumer Discretionary SPDR by 0.9% in the 2nd quarter. Smith Salley & Associates now owns 14,835 shares of the exchange traded fund’s stock valued at $1,330,000 after purchasing an additional 133 shares during the period.

COPYRIGHT VIOLATION WARNING: This story was published by Daily Political and is the property of of Daily Political. If you are accessing this story on another website, it was copied illegally and republished in violation of US & international copyright law. The original version of this story can be read at https://www.dailypolitical.com/2017/09/19/consumer-discretionary-spdr-xly-shares-bought-by-quantitative-investment-management-llc.html.

Shares of Consumer Discretionary SPDR (XLY) traded down 0.37% during mid-day trading on Tuesday, reaching $88.99. 992,980 shares of the company’s stock were exchanged. The stock’s 50-day moving average is $89.82 and its 200-day moving average is $89.35. Consumer Discretionary SPDR has a 52-week low of $76.61 and a 52-week high of $92.55.

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 $0.318 dividend. This is an increase from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27. This represents a $1.27 annualized dividend and a dividend yield of 1.42%. The ex-dividend date of this dividend is Friday, September 15th.

Consumer Discretionary SPDR Profile

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.

Want to see what other hedge funds are holding XLY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Consumer Discretionary SPDR (NYSE:XLY).

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

Receive News & Ratings for Consumer Discretionary SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Consumer Discretionary SPDR and related companies with MarketBeat.com's FREE daily email newsletter.