Cwm LLC Has $1.34 Million Holdings in Utilities SPDR (XLU)

Cwm LLC grew its stake in Utilities SPDR (NYSEARCA:XLU) by 58.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 25,431 shares of the exchange traded fund’s stock after buying an additional 9,380 shares during the quarter. Cwm LLC’s holdings in Utilities SPDR were worth $1,340,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Valeo Financial Advisors LLC acquired a new stake in shares of Utilities SPDR in the third quarter worth about $109,000. First Interstate Bank increased its stake in shares of Utilities SPDR by 114.0% in the third quarter. First Interstate Bank now owns 2,140 shares of the exchange traded fund’s stock worth $114,000 after purchasing an additional 1,140 shares during the period. D.A. Davidson & CO. increased its stake in shares of Utilities SPDR by 9.6% in the second quarter. D.A. Davidson & CO. now owns 2,693 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 235 shares during the period. WFG Advisors LP increased its stake in shares of Utilities SPDR by 18.5% in the second quarter. WFG Advisors LP now owns 3,037 shares of the exchange traded fund’s stock worth $158,000 after purchasing an additional 475 shares during the period. Finally, BB&T Investment Services Inc. bought a new position in shares of Utilities SPDR in the second quarter worth about $176,000.

Utilities SPDR (NYSEARCA XLU) opened at $50.14 on Friday. The company has a market capitalization of $7,240.00 and a PE ratio of 15.87. Utilities SPDR has a 12 month low of $48.11 and a 12 month high of $57.23.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were paid a $0.5112 dividend. The ex-dividend date of this dividend was Friday, December 15th. This is a positive change from Utilities SPDR’s previous quarterly dividend of $0.42. This represents a $2.04 dividend on an annualized basis and a dividend yield of 4.08%. Utilities SPDR’s payout ratio is presently 55.38%.

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Utilities SPDR Company Profile

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.

Want to see what other hedge funds are holding XLU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Utilities SPDR (NYSEARCA:XLU).

Institutional Ownership by Quarter for Utilities SPDR (NYSEARCA:XLU)

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