Veritable L.P. grew its holdings in shares of Energy Select Sector SPDR (NYSE:XLE) by 0.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,255,689 shares of the exchange traded fund’s stock after buying an additional 11,352 shares during the quarter. Energy Select Sector SPDR accounts for approximately 1.9% of Veritable L.P.’s holdings, making the stock its 9th biggest holding. Veritable L.P.’s holdings in Energy Select Sector SPDR were worth $81,519,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in XLE. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new stake in shares of Energy Select Sector SPDR during the 2nd quarter valued at about $615,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD raised its position in shares of Energy Select Sector SPDR by 2,955.7% during the 2nd quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 32,696 shares of the exchange traded fund’s stock valued at $2,113,000 after buying an additional 31,626 shares in the last quarter. ING Groep NV raised its position in shares of Energy Select Sector SPDR by 137.5% during the 2nd quarter. ING Groep NV now owns 9,500 shares of the exchange traded fund’s stock valued at $617,000 after buying an additional 5,500 shares in the last quarter. MCF Advisors LLC raised its position in shares of Energy Select Sector SPDR by 0.6% during the 2nd quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock valued at $329,000 after buying an additional 29 shares in the last quarter. Finally, Mechanics Bank Trust Department raised its position in shares of Energy Select Sector SPDR by 19.5% during the 2nd quarter. Mechanics Bank Trust Department now owns 19,702 shares of the exchange traded fund’s stock valued at $1,279,000 after buying an additional 3,210 shares in the last quarter.

COPYRIGHT VIOLATION WARNING: “Energy Select Sector SPDR (XLE) Stake Increased by Veritable L.P.” was first reported by Daily Political and is the property of of Daily Political. If you are accessing this news story on another domain, it was illegally stolen and reposted in violation of US & international copyright and trademark laws. The original version of this news story can be accessed at https://www.dailypolitical.com/2017/09/25/energy-select-sector-spdr-xle-stake-increased-by-veritable-l-p.html.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 18th will be given a dividend of $0.8654 per share. The ex-dividend date of this dividend is Friday, September 15th. This is a positive change from Energy Select Sector SPDR’s previous quarterly dividend of $0.45. This represents a $3.46 dividend on an annualized basis and a yield of 5.15%.

About Energy Select Sector SPDR

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.

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

Institutional Ownership by Quarter for Energy Select Sector SPDR (NYSE:XLE)

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