Wealthsource Partners LLC Has $2.63 Million Position in Utilities SPDR (XLU)

Wealthsource Partners LLC boosted its holdings in Utilities SPDR (NYSE:XLU) by 639.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 50,654 shares of the exchange traded fund’s stock after buying an additional 43,807 shares during the period. Wealthsource Partners LLC’s holdings in Utilities SPDR were worth $2,632,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Leucadia National Corp lifted its holdings in Utilities SPDR by 162.3% in the second quarter. Leucadia National Corp now owns 122,502 shares of the exchange traded fund’s stock valued at $6,365,000 after buying an additional 75,794 shares during the period. Barry Investment Advisors LLC lifted its holdings in Utilities SPDR by 0.5% in the second quarter. Barry Investment Advisors LLC now owns 27,381 shares of the exchange traded fund’s stock valued at $1,423,000 after buying an additional 137 shares during the period. Prudential Financial Inc. lifted its holdings in Utilities SPDR by 63.9% in the second quarter. Prudential Financial Inc. now owns 10,000 shares of the exchange traded fund’s stock valued at $520,000 after buying an additional 3,900 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in Utilities SPDR by 20.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 147,729 shares of the exchange traded fund’s stock valued at $7,676,000 after buying an additional 24,735 shares during the period. Finally, Suntrust Banks Inc. lifted its holdings in Utilities SPDR by 25.3% in the second quarter. Suntrust Banks Inc. now owns 61,801 shares of the exchange traded fund’s stock valued at $3,210,000 after buying an additional 12,463 shares during the period.

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The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were issued a dividend of $0.4172 per share. This represents a $1.67 dividend on an annualized basis and a yield of 3.06%. The ex-dividend date was Friday, September 15th.

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.

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

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