Energy Select Sector SPDR (XLE) Position Boosted by LPL Financial LLC

LPL Financial LLC increased its holdings in Energy Select Sector SPDR (NYSEARCA:XLE) by 10.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 1,312,173 shares of the exchange traded fund’s stock after acquiring an additional 129,424 shares during the quarter. LPL Financial LLC owned approximately 0.50% of Energy Select Sector SPDR worth $94,818,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in the stock. Windsor Capital Management LLC raised its stake in Energy Select Sector SPDR by 2.8% during the fourth quarter. Windsor Capital Management LLC now owns 24,369 shares of the exchange traded fund’s stock valued at $1,760,000 after buying an additional 655 shares in the last quarter. Contravisory Investment Management Inc. raised its position in shares of Energy Select Sector SPDR by 71.6% during the 4th quarter. Contravisory Investment Management Inc. now owns 1,702 shares of the exchange traded fund’s stock worth $123,000 after purchasing an additional 710 shares during the period. Mechanics Bank Trust Department raised its position in shares of Energy Select Sector SPDR by 3.8% during the 4th quarter. Mechanics Bank Trust Department now owns 19,476 shares of the exchange traded fund’s stock worth $1,407,000 after purchasing an additional 710 shares during the period. Fernwood Investment Management LLC raised its position in shares of Energy Select Sector SPDR by 16.4% during the 4th quarter. Fernwood Investment Management LLC now owns 5,300 shares of the exchange traded fund’s stock worth $383,000 after purchasing an additional 745 shares during the period. Finally, Captrust Financial Advisors raised its position in shares of Energy Select Sector SPDR by 4.3% during the 4th quarter. Captrust Financial Advisors now owns 18,932 shares of the exchange traded fund’s stock worth $1,368,000 after purchasing an additional 772 shares during the period.

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Shares of Energy Select Sector SPDR stock opened at $67.35 on Friday. Energy Select Sector SPDR has a twelve month low of $61.80 and a twelve month high of $78.39.

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Investors of record on Monday, March 19th were issued a $0.4748 dividend. This represents a $1.90 dividend on an annualized basis and a yield of 2.82%. This is a positive change from Energy Select Sector SPDR’s previous quarterly dividend of $0.46. The ex-dividend date of this dividend was Friday, March 16th.

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About Energy Select Sector SPDR

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.

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

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