First Allied Advisory Services Inc. raised its holdings in shares of SPDR S&P Homebuilders (NYSE:XHB) by 297.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,387 shares of the exchange traded fund’s stock after buying an additional 54,153 shares during the quarter. First Allied Advisory Services Inc.’s holdings in SPDR S&P Homebuilders were worth $2,789,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Parallel Advisors LLC lifted its holdings in shares of SPDR S&P Homebuilders by 12.6% during the second quarter. Parallel Advisors LLC now owns 2,683 shares of the exchange traded fund’s stock worth $103,000 after buying an additional 301 shares during the last quarter. Private Advisor Group LLC acquired a new position in shares of SPDR S&P Homebuilders during the second quarter worth approximately $215,000. BB&T Securities LLC acquired a new position in shares of SPDR S&P Homebuilders during the second quarter worth approximately $259,000. MML Investors Services LLC acquired a new position in shares of SPDR S&P Homebuilders during the second quarter worth approximately $294,000. Finally, Ameriprise Financial Inc. lifted its holdings in shares of SPDR S&P Homebuilders by 26.8% during the second quarter. Ameriprise Financial Inc. now owns 10,776 shares of the exchange traded fund’s stock worth $415,000 after buying an additional 2,278 shares during the last quarter.

Shares of SPDR S&P Homebuilders (NYSE XHB) traded up 0.58% on Friday, hitting $39.82. The company had a trading volume of 1,522,806 shares. SPDR S&P Homebuilders has a 12-month low of $30.92 and a 12-month high of $39.92. The firm has a 50-day moving average price of $38.30 and a 200 day moving average price of $37.92.

The firm also recently announced a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were paid a dividend of $0.07 per share. The ex-dividend date of this dividend was Friday, September 15th. This represents a $0.28 annualized dividend and a dividend yield of 0.70%.

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About SPDR S&P Homebuilders

SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.

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Institutional Ownership by Quarter for SPDR S&P Homebuilders (NYSE:XHB)

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