BB&T Investment Services Inc. Invests $1.62 Million in Consumer Staples Select Sect. SPDR (XLP)

BB&T Investment Services Inc. bought a new position in shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 29,610 shares of the exchange traded fund’s stock, valued at approximately $1,617,000.

Other hedge funds have also recently bought and sold shares of the company. L & S Advisors Inc purchased a new stake in shares of Consumer Staples Select Sect. SPDR during the 2nd quarter worth about $205,000. Mutual of Omaha Bank Wealth Management purchased a new stake in shares of Consumer Staples Select Sect. SPDR during the 2nd quarter worth about $207,000. Lucas Capital Management boosted its stake in shares of Consumer Staples Select Sect. SPDR by 2.6% during the 2nd quarter. Lucas Capital Management now owns 3,995 shares of the exchange traded fund’s stock worth $219,000 after acquiring an additional 100 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Consumer Staples Select Sect. SPDR by 1,374.1% during the 2nd quarter. Sei Investments Co. now owns 4,039 shares of the exchange traded fund’s stock worth $222,000 after acquiring an additional 3,765 shares in the last quarter. Finally, CAPROCK Group Inc. purchased a new stake in shares of Consumer Staples Select Sect. SPDR during the 2nd quarter worth about $226,000.

Consumer Staples Select Sect. SPDR (XLP) traded up 0.3203% during midday trading on Wednesday, hitting $54.3034. 3,565,609 shares of the stock traded hands. The company’s 50 day moving average is $54.66 and its 200-day moving average is $55.18. Consumer Staples Select Sect. SPDR has a one year low of $49.98 and a one year high of $57.36.

The company also recently declared a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were paid a dividend of $0.346 per share. The ex-dividend date of this dividend was Friday, September 15th. This represents a $1.38 dividend on an annualized basis and a dividend yield of 2.56%.

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Consumer Staples Select Sect. SPDR Profile

Consumer Staples Select Sector SPDR Fund (the Fund) seeks to provide investment results that, before expenses, correspond generally to the price and yield performance of publicly traded equity securities of companies in The Consumer Staples Select Sector Index (the Index).The Fund typically invests in substantially all of the securities represented in the Index in approximately the same proportions as the Index.

Institutional Ownership by Quarter for Consumer Staples Select Sect. SPDR (NYSE:XLP)

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