People s United Financial Inc. grew its stake in Consumer Discretionary SPDR (NYSE:XLY) by 3.6% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 8,385 shares of the exchange traded fund’s stock after acquiring an additional 294 shares during the period. People s United Financial Inc.’s holdings in Consumer Discretionary SPDR were worth $752,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. grew its holdings in shares of Consumer Discretionary SPDR by 34.9% in the second quarter. Ameriprise Financial Inc. now owns 1,596,729 shares of the exchange traded fund’s stock valued at $143,179,000 after purchasing an additional 413,031 shares in the last quarter. Nippon Life Insurance Co. grew its holdings 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 valued at $91,656,000 after purchasing an additional 348,000 shares in the last quarter. Janney Montgomery Scott LLC grew its holdings 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 valued at $84,904,000 after purchasing an additional 30,345 shares in the last quarter. BNP Paribas Arbitrage SA grew its holdings 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 valued at $83,653,000 after purchasing an additional 37,199 shares in the last quarter. Finally, AGF Investments Inc. grew its holdings 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 valued at $63,934,000 after purchasing an additional 97,763 shares in the last quarter.

Separately, Morgan Stanley cut shares of Consumer Discretionary SPDR to an “underweight” rating in a report on Monday, September 25th.

Consumer Discretionary SPDR (XLY) opened at 91.10 on Thursday. Consumer Discretionary SPDR has a one year low of $76.61 and a one year high of $92.55. The company has a 50 day moving average of $89.51 and a 200-day moving average of $89.57.

The firm also recently declared a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were issued a $0.318 dividend. This is a positive change from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27. The ex-dividend date was Friday, September 15th. This represents a $1.27 annualized dividend and a yield of 1.40%.

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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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