Advisory Services Network LLC Has $756,000 Position in Consumer Discretionary SPDR (XLY)

Advisory Services Network LLC lifted its position in Consumer Discretionary SPDR (NYSE:XLY) by 108.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,436 shares of the exchange traded fund’s stock after purchasing an additional 4,395 shares during the quarter. Advisory Services Network LLC’s holdings in Consumer Discretionary SPDR were worth $756,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in XLY. Puplava Financial Services Inc. grew its holdings in shares of Consumer Discretionary SPDR by 5.8% in the second quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock valued at $220,000 after purchasing an additional 135 shares during the period. Carroll Financial Associates Inc. grew its holdings in shares of Consumer Discretionary SPDR by 61.0% in the second quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 645 shares during the period. Smith Salley & Associates grew its holdings in shares of Consumer Discretionary SPDR by 0.9% in the second quarter. Smith Salley & Associates now owns 14,835 shares of the exchange traded fund’s stock valued at $1,330,000 after purchasing an additional 133 shares during the period. Montecito Bank & Trust grew its holdings in shares of Consumer Discretionary SPDR by 64.0% in the second quarter. Montecito Bank & Trust now owns 15,552 shares of the exchange traded fund’s stock valued at $1,394,000 after purchasing an additional 6,069 shares during the period. Finally, First Heartland Consultants Inc. grew its holdings in shares of Consumer Discretionary SPDR by 2.4% in the second quarter. First Heartland Consultants Inc. now owns 19,622 shares of the exchange traded fund’s stock valued at $1,759,000 after purchasing an additional 451 shares during the period.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were paid a $0.318 dividend. This is an increase 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 1.39%.

Separately, Morgan Stanley lowered shares of Consumer Discretionary SPDR to an “underweight” rating in a report on

Several other institutional investors and hedge funds have also recently made changes to their positions in XLY. Puplava Financial Services Inc. grew its holdings in shares of Consumer Discretionary SPDR by 5.8% in the second quarter. Puplava Financial Services Inc. now owns 2,454 shares of the exchange traded fund’s stock valued at $220,000 after purchasing an additional 135 shares during the period. Carroll Financial Associates Inc. grew its holdings in shares of Consumer Discretionary SPDR by 61.0% in the second quarter. Carroll Financial Associates Inc. now owns 1,702 shares of the exchange traded fund’s stock valued at $152,000 after purchasing an additional 645 shares during the period. Smith Salley & Associates grew its holdings in shares of Consumer Discretionary SPDR by 0.9% in the second quarter. Smith Salley & Associates now owns 14,835 shares of the exchange traded fund’s stock valued at $1,330,000 after purchasing an additional 133 shares during the period. Montecito Bank & Trust grew its holdings in shares of Consumer Discretionary SPDR by 64.0% in the second quarter. Montecito Bank & Trust now owns 15,552 shares of the exchange traded fund’s stock valued at $1,394,000 after purchasing an additional 6,069 shares during the period. Finally, First Heartland Consultants Inc. grew its holdings in shares of Consumer Discretionary SPDR by 2.4% in the second quarter. First Heartland Consultants Inc. now owns 19,622 shares of the exchange traded fund’s stock valued at $1,759,000 after purchasing an additional 451 shares during the period.

The company also recently announced a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were paid a $0.318 dividend. This is an increase 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 1.39%.

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

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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.

Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSE:XLY)

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