Stearns Financial Services Group raised its position in Energy Select Sector SPDR (NYSE:XLE) by 0.5% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 169,071 shares of the exchange traded fund’s stock after acquiring an additional 848 shares during the quarter. Energy Select Sector SPDR makes up about 2.9% of Stearns Financial Services Group’s investment portfolio, making the stock its 7th largest holding. Stearns Financial Services Group’s holdings in Energy Select Sector SPDR were worth $11,578,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in XLE. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in Energy Select Sector SPDR in the second quarter valued at $615,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD lifted its stake in Energy Select Sector SPDR by 2,955.7% in the second quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD now owns 32,696 shares of the exchange traded fund’s stock valued at $2,113,000 after acquiring an additional 31,626 shares during the last quarter. ING Groep NV lifted its stake in Energy Select Sector SPDR by 137.5% in the second quarter. ING Groep NV now owns 9,500 shares of the exchange traded fund’s stock valued at $617,000 after acquiring an additional 5,500 shares during the last quarter. MCF Advisors LLC lifted its stake in Energy Select Sector SPDR by 0.6% in the second quarter. MCF Advisors LLC now owns 5,075 shares of the exchange traded fund’s stock valued at $329,000 after acquiring an additional 29 shares during the last quarter. Finally, Mechanics Bank Trust Department lifted its stake in Energy Select Sector SPDR by 19.5% in the second quarter. Mechanics Bank Trust Department now owns 19,702 shares of the exchange traded fund’s stock valued at $1,279,000 after acquiring an additional 3,210 shares during the last quarter.

Shares of Energy Select Sector SPDR (NYSE:XLE) traded up 0.09% during mid-day trading on Monday, reaching $67.83. 1,404,025 shares of the company’s stock were exchanged. Energy Select Sector SPDR has a 52-week low of $61.80 and a 52-week high of $78.45. The company’s 50-day moving average price is $67.12 and its 200 day moving average price is $66.33.

The business also recently declared a quarterly dividend, which was paid on Monday, September 25th. Investors of record on Monday, September 18th were issued a $0.8654 dividend. This is an increase from Energy Select Sector SPDR’s previous quarterly dividend of $0.45. This represents a $3.46 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date was Friday, September 15th.

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Energy Select Sector SPDR Profile

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 (NYSE:XLE)

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