Virtu KCG Holdings LLC Purchases 60,627 Shares of Utilities SPDR (XLU)
Virtu KCG Holdings LLC increased its position in Utilities SPDR (NYSE:XLU) by 438.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 74,450 shares of the exchange traded fund’s stock after buying an additional 60,627 shares during the quarter. Virtu KCG Holdings LLC’s holdings in Utilities SPDR were worth $3,868,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also recently added to or reduced their stakes in the company. Roundview Capital LLC increased its stake in shares of Utilities SPDR by 2.0% in the second quarter. Roundview Capital LLC now owns 37,587 shares of the exchange traded fund’s stock valued at $1,953,000 after buying an additional 747 shares during the period. Advisor Group Inc. increased its stake in shares of Utilities SPDR by 64.7% in the second quarter. Advisor Group Inc. now owns 236,611 shares of the exchange traded fund’s stock valued at $12,101,000 after buying an additional 92,917 shares during the period. Suntrust Banks Inc. increased its stake in shares of Utilities SPDR by 25.3% in the second quarter. Suntrust Banks Inc. now owns 61,801 shares of the exchange traded fund’s stock valued at $3,210,000 after buying an additional 12,463 shares during the period. FIL Ltd increased its stake in shares of Utilities SPDR by 24.6% in the second quarter. FIL Ltd now owns 15,164 shares of the exchange traded fund’s stock valued at $788,000 after buying an additional 2,998 shares during the period. Finally, MML Investors Services LLC acquired a new position in shares of Utilities SPDR in the second quarter valued at approximately $5,479,000.
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Utilities SPDR (NYSE XLU) traded up 0.38% on Monday, hitting $53.43. The stock had a trading volume of 1,220,334 shares. Utilities SPDR has a 1-year low of $45.33 and a 1-year high of $55.90. The company has a 50-day moving average price of $54.57 and a 200-day moving average price of $52.82.
The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 25th. Investors of record on Monday, September 18th will be issued a dividend of $0.4172 per share. The ex-dividend date is Friday, September 15th. This represents a $1.67 dividend on an annualized basis and a dividend yield of 3.14%.
About Utilities SPDR
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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