Tiaa Fsb Buys Shares of 31,391 Consumer Discretionary SPDR (XLY)

Tiaa Fsb bought a new position in Consumer Discretionary SPDR (NYSE:XLY) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 31,391 shares of the exchange traded fund’s stock, valued at approximately $2,813,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of XLY. Ameriprise Financial Inc. grew its holdings in shares of Consumer Discretionary SPDR by 34.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,596,729 shares of the exchange traded fund’s stock worth $143,179,000 after purchasing an additional 413,031 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Consumer Discretionary SPDR by 142.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 660,228 shares of the exchange traded fund’s stock worth $59,177,000 after purchasing an additional 387,703 shares during the last quarter. Nippon Life Insurance Co. grew its holdings in shares of Consumer Discretionary SPDR by 51.6% in the 2nd quarter. Nippon Life Insurance Co. now owns 1,022,600 shares of the exchange traded fund’s stock worth $91,656,000 after purchasing an additional 348,000 shares during the last quarter. Richard Bernstein Advisors LLC bought a new stake in shares of Consumer Discretionary SPDR in the 2nd quarter worth about $20,300,000. Finally, BB&T Securities LLC grew its holdings in shares of Consumer Discretionary SPDR by 304.5% in the 2nd quarter. BB&T Securities LLC now owns 178,576 shares of the exchange traded fund’s stock worth $16,005,000 after purchasing an additional 134,432 shares during the last quarter.

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Consumer Discretionary SPDR (NYSE:XLY) traded up 0.162% during midday trading on Friday, hitting $89.535. 451,103 shares of the stock traded hands. Consumer Discretionary SPDR has a 12-month low of $76.61 and a 12-month high of $92.55. The firm’s 50 day moving average is $89.76 and its 200-day moving average is $89.36.

The business 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 $0.318 dividend. The ex-dividend date is Friday, September 15th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 1.42%. This is a boost from Consumer Discretionary SPDR’s previous quarterly dividend of $0.27.

Consumer Discretionary SPDR Company 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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