Pittenger & Anderson Inc. lowered its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 15.2% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 5,670 shares of the exchange traded fund’s stock after selling 1,015 shares during the quarter. Pittenger & Anderson Inc.’s holdings in Energy Select Sector SPDR were worth $429,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Columbus Macro LLC acquired a new stake in Energy Select Sector SPDR during the 3rd quarter worth approximately $828,000. North Star Investment Management Corp. lifted its position in Energy Select Sector SPDR by 3.7% during the 3rd quarter. North Star Investment Management Corp. now owns 65,964 shares of the exchange traded fund’s stock worth $4,996,000 after acquiring an additional 2,325 shares during the period. Contravisory Investment Management Inc. lifted its position in Energy Select Sector SPDR by 50.6% during the 3rd quarter. Contravisory Investment Management Inc. now owns 2,286 shares of the exchange traded fund’s stock worth $173,000 after acquiring an additional 768 shares during the period. Montecito Bank & Trust lifted its position in Energy Select Sector SPDR by 19.6% during the 3rd quarter. Montecito Bank & Trust now owns 15,561 shares of the exchange traded fund’s stock worth $1,179,000 after acquiring an additional 2,555 shares during the period. Finally, Biltmore Wealth Management LLC lifted its position in Energy Select Sector SPDR by 1.4% during the 3rd quarter. Biltmore Wealth Management LLC now owns 51,907 shares of the exchange traded fund’s stock worth $3,931,000 after acquiring an additional 731 shares during the period.

Shares of XLE traded up $0.20 during mid-day trading on Friday, hitting $73.00. The company’s stock had a trading volume of 23,521,701 shares, compared to its average volume of 14,679,776. Energy Select Sector SPDR has a 1-year low of $64.45 and a 1-year high of $79.42.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 26th. Stockholders of record on Monday, September 24th were issued a $0.5132 dividend. This is a boost from Energy Select Sector SPDR’s previous quarterly dividend of $0.51. This represents a $2.05 annualized dividend and a dividend yield of 2.81%. The ex-dividend date of this dividend was Friday, September 21st.

Energy Select Sector SPDR Profile

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.

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

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