Beaumont Financial Partners LLC reduced its position in Consumer Staples Select Sect. SPDR (NYSE:XLP) by 0.0% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 85,903 shares of the exchange traded fund’s stock after selling 36 shares during the quarter. Beaumont Financial Partners LLC’s holdings in Consumer Staples Select Sect. SPDR were worth $4,720,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its position in shares of Consumer Staples Select Sect. SPDR by 5.1% in the second quarter. Janney Montgomery Scott LLC now owns 833,091 shares of the exchange traded fund’s stock valued at $45,770,000 after acquiring an additional 40,520 shares during the period. Harel Insurance Investments & Financial Services Ltd. boosted its position in shares of Consumer Staples Select Sect. SPDR by 5,318.8% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 617,146 shares of the exchange traded fund’s stock valued at $33,905,000 after acquiring an additional 605,757 shares during the period. UBS Asset Management Americas Inc. boosted its position in shares of Consumer Staples Select Sect. SPDR by 7.3% in the second quarter. UBS Asset Management Americas Inc. now owns 323,917 shares of the exchange traded fund’s stock valued at $17,796,000 after acquiring an additional 21,933 shares during the period. Spinnaker Trust boosted its position in shares of Consumer Staples Select Sect. SPDR by 2.1% in the second quarter. Spinnaker Trust now owns 314,152 shares of the exchange traded fund’s stock valued at $17,260,000 after acquiring an additional 6,377 shares during the period. Finally, Alps Advisors Inc. boosted its position in shares of Consumer Staples Select Sect. SPDR by 0.6% in the second quarter. Alps Advisors Inc. now owns 293,869 shares of the exchange traded fund’s stock valued at $16,145,000 after acquiring an additional 1,799 shares during the period.

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Shares of Consumer Staples Select Sect. SPDR (NYSE:XLP) traded down 0.316% during midday trading on Tuesday, reaching $55.125. 2,021,182 shares of the company were exchanged. The company has a 50 day moving average price of $55.19 and a 200-day moving average price of $55.28. Consumer Staples Select Sect. SPDR has a 12-month low of $49.98 and a 12-month high of $57.36.

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Shareholders of record on Monday, September 18th will be paid a $0.346 dividend. The ex-dividend date is Friday, September 15th. This represents a $1.38 annualized dividend and a yield of 2.50%.

About Consumer Staples Select Sect. SPDR

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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