Utilities SPDR (XLU) Holdings Cut by First National Trust Co

First National Trust Co lessened its holdings in Utilities SPDR (NYSEARCA:XLU) by 15.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 24,815 shares of the exchange traded fund’s stock after selling 4,613 shares during the period. First National Trust Co’s holdings in Utilities SPDR were worth $1,307,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in XLU. Valeo Financial Advisors LLC bought a new position in Utilities SPDR in the third quarter valued at about $109,000. First Interstate Bank boosted its stake in shares of Utilities SPDR by 114.0% during the third quarter. First Interstate Bank now owns 2,140 shares of the exchange traded fund’s stock valued at $114,000 after purchasing an additional 1,140 shares in the last quarter. D.A. Davidson & CO. boosted its stake in shares of Utilities SPDR by 9.6% during the second quarter. D.A. Davidson & CO. now owns 2,693 shares of the exchange traded fund’s stock valued at $139,000 after purchasing an additional 235 shares in the last quarter. WFG Advisors LP boosted its stake in shares of Utilities SPDR by 18.5% during the second quarter. WFG Advisors LP now owns 3,037 shares of the exchange traded fund’s stock valued at $158,000 after purchasing an additional 475 shares in the last quarter. Finally, BB&T Investment Services Inc. acquired a new stake in shares of Utilities SPDR during the second quarter valued at about $176,000.

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

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

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Utilities SPDR 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.

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

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