Flagship Harbor Advisors LLC Acquires 6,857 Shares of Energy Select Sector SPDR Fund (NYSEARCA:XLE)

Flagship Harbor Advisors LLC grew its holdings in shares of Energy Select Sector SPDR Fund (NYSEARCA:XLE) by 102.8% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,529 shares of the exchange traded fund’s stock after acquiring an additional 6,857 shares during the period. Flagship Harbor Advisors LLC’s holdings in Energy Select Sector SPDR Fund were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Daiwa Securities Group Inc. boosted its holdings in Energy Select Sector SPDR Fund by 26.0% in the 1st quarter. Daiwa Securities Group Inc. now owns 6,300 shares of the exchange traded fund’s stock worth $425,000 after buying an additional 1,300 shares during the period. Prudential Financial Inc. boosted its holdings in Energy Select Sector SPDR Fund by 2,972.1% in the 1st quarter. Prudential Financial Inc. now owns 252,830 shares of the exchange traded fund’s stock worth $17,044,000 after buying an additional 244,600 shares during the period. Eaton Vance Management boosted its holdings in Energy Select Sector SPDR Fund by 12.7% in the 1st quarter. Eaton Vance Management now owns 15,170 shares of the exchange traded fund’s stock worth $1,023,000 after buying an additional 1,715 shares during the period. Centaurus Financial Inc. bought a new position in Energy Select Sector SPDR Fund in the 1st quarter worth $160,000. Finally, Madden Advisory Services Inc. boosted its holdings in Energy Select Sector SPDR Fund by 3.4% in the 1st quarter. Madden Advisory Services Inc. now owns 57,646 shares of the exchange traded fund’s stock worth $3,885,000 after buying an additional 1,916 shares during the period.

XLE stock traded down $0.01 during mid-day trading on Friday, hitting $77.16. The company had a trading volume of 11,983,182 shares, compared to its average volume of 14,469,790. Energy Select Sector SPDR Fund has a 12-month low of $64.45 and a 12-month high of $79.42.

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 26th. Shareholders of record on Monday, September 24th were paid a $0.5132 dividend. The ex-dividend date of this dividend was Friday, September 21st. This represents a $2.05 annualized dividend and a yield of 2.66%. This is a boost from Energy Select Sector SPDR Fund’s previous quarterly dividend of $0.51.

About Energy Select Sector SPDR Fund

Energy Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Energy Select Sector Index (the Index). The Index includes companies from the following industries oil, gas and consumable fuels, and energy equipment and services.

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Institutional Ownership by Quarter for Energy Select Sector SPDR Fund (NYSEARCA:XLE)

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