Mizuho Trust & Banking Co. Ltd. purchased a new stake in Consumer Discretionary SPDR (NYSEARCA:XLY) in the fourth quarter, Holdings Channel reports. The firm purchased 20,000 shares of the exchange traded fund’s stock, valued at approximately $1,974,000. Consumer Discretionary SPDR accounts for 0.5% of Mizuho Trust & Banking Co. Ltd.’s holdings, making the stock its 18th largest position.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp lifted its holdings in Consumer Discretionary SPDR by 11.8% during the second quarter. Bank of New York Mellon Corp now owns 12,710 shares of the exchange traded fund’s stock worth $1,139,000 after buying an additional 1,343 shares during the period. Prudential Financial Inc. lifted its holdings in Consumer Discretionary SPDR by 68.7% during the second quarter. Prudential Financial Inc. now owns 10,630 shares of the exchange traded fund’s stock worth $953,000 after buying an additional 4,330 shares during the period. UBS Asset Management Americas Inc. lifted its holdings in Consumer Discretionary SPDR by 4.3% during the second quarter. UBS Asset Management Americas Inc. now owns 240,733 shares of the exchange traded fund’s stock worth $21,577,000 after buying an additional 9,832 shares during the period. D.A. Davidson & CO. lifted its holdings in Consumer Discretionary SPDR by 10.2% during the second quarter. D.A. Davidson & CO. now owns 5,736 shares of the exchange traded fund’s stock worth $514,000 after buying an additional 530 shares during the period. Finally, Northern Trust Corp lifted its holdings in Consumer Discretionary SPDR by 1.5% during the second quarter. Northern Trust Corp now owns 277,778 shares of the exchange traded fund’s stock worth $24,897,000 after buying an additional 4,068 shares during the period.

Shares of Consumer Discretionary SPDR (XLY) opened at $106.77 on Tuesday. The firm has a market capitalization of $14,000.00 and a price-to-earnings ratio of 14.26. Consumer Discretionary SPDR has a twelve month low of $83.47 and a twelve month high of $106.77.

The business also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Shareholders of record on Monday, December 18th were issued a dividend of $0.3319 per share. The ex-dividend date was Friday, December 15th. This represents a $1.33 dividend on an annualized basis and a yield of 1.24%. This is a positive change from Consumer Discretionary SPDR’s previous quarterly dividend of $0.32. Consumer Discretionary SPDR’s dividend payout ratio is currently 15.89%.

Separately, Morgan Stanley lowered Consumer Discretionary SPDR to an “underweight” rating in a report on Monday, September 25th.

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Consumer Discretionary SPDR Profile

Consumer Discretionary Select Sector SPDR Fund seeks to provide investment results that correspond generally to the price and yield performance of the Consumer Discretionary Select Sector Index (the Index). The Index includes companies from the following industries, media; retail (specialty, multiline, Internet and catalog); hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; auto components; distributors; leisure equipment and products; and diversified consumer services.

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Institutional Ownership by Quarter for Consumer Discretionary SPDR (NYSEARCA:XLY)

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