Hanlon Investment Management Inc. Has $9.91 Million Stake in Consumer Staples Select Sect. SPDR (XLP)

Hanlon Investment Management Inc. grew its position in Consumer Staples Select Sect. SPDR (NYSE:XLP) by 914.6% in the second quarter, according to its most recent filing with the SEC. The fund owned 180,324 shares of the exchange traded fund’s stock after acquiring an additional 162,551 shares during the period. Consumer Staples Select Sect. SPDR accounts for approximately 4.3% of Hanlon Investment Management Inc.’s investment portfolio, making the stock its 9th biggest position. Hanlon Investment Management Inc.’s holdings in Consumer Staples Select Sect. SPDR were worth $9,907,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in XLP. Janney Montgomery Scott LLC increased its holdings in 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 purchasing an additional 40,520 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in 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 purchasing an additional 605,757 shares during the period. UBS Asset Management Americas Inc. increased its holdings in 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 purchasing an additional 21,933 shares during the period. Spinnaker Trust increased its holdings in 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 purchasing an additional 6,377 shares during the period. Finally, Alps Advisors Inc. increased its holdings in 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 purchasing an additional 1,799 shares during the period.

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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. This represents a $1.38 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend is Friday, September 15th.

Consumer Staples Select Sect. SPDR Profile

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.

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Institutional Ownership by Quarter for Consumer Staples Select Sect. SPDR (NYSE:XLP)

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