Eaton Vance Management bought a new stake in Consumer Discretionary SPDR (NYSE:XLY) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,947 shares of the exchange traded fund’s stock, valued at approximately $802,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in XLY. Nippon Life Insurance Co. lifted its stake in shares of Consumer Discretionary SPDR by 51.6% in the second quarter. Nippon Life Insurance Co. now owns 1,022,600 shares of the exchange traded fund’s stock worth $91,656,000 after buying an additional 348,000 shares in the last quarter. Janney Montgomery Scott LLC lifted its stake in shares of Consumer Discretionary SPDR by 3.3% in the second quarter. Janney Montgomery Scott LLC now owns 947,275 shares of the exchange traded fund’s stock worth $84,904,000 after buying an additional 30,345 shares in the last quarter. BNP Paribas Arbitrage SA lifted its stake in shares of Consumer Discretionary SPDR by 4.2% in the second quarter. BNP Paribas Arbitrage SA now owns 933,312 shares of the exchange traded fund’s stock worth $83,653,000 after buying an additional 37,199 shares in the last quarter. AGF Investments Inc. lifted its stake in shares of Consumer Discretionary SPDR by 15.9% in the second quarter. AGF Investments Inc. now owns 712,923 shares of the exchange traded fund’s stock worth $63,934,000 after buying an additional 97,763 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of Consumer Discretionary SPDR by 142.3% in the second quarter. JPMorgan Chase & Co. now owns 660,228 shares of the exchange traded fund’s stock worth $59,177,000 after buying an additional 387,703 shares in the last quarter.

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Consumer Discretionary SPDR (NYSE:XLY) opened at 89.54 on Friday. Consumer Discretionary SPDR has a 1-year low of $76.61 and a 1-year high of $92.55. The stock has a 50 day moving average of $89.76 and a 200 day moving average of $89.36.

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

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.

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

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