Energy Select Sector SPDR Fund (NYSEARCA:XLE) Announces Quarterly Dividend of $0.38

Energy Select Sector SPDR Fund (NYSEARCA:XLE) announced a quarterly dividend on Friday, January 2nd. Shareholders of record on Monday, June 22nd will be paid a dividend of 0.3849 per share by the exchange traded fund on Wednesday, June 24th. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, June 22nd.

Energy Select Sector SPDR Fund Price Performance

Shares of NYSEARCA:XLE opened at $53.77 on Friday. Energy Select Sector SPDR Fund has a 1 year low of $42.05 and a 1 year high of $63.46. The business has a 50 day simple moving average of $57.34 and a two-hundred day simple moving average of $53.68. The firm has a market capitalization of $37.23 billion, a PE ratio of 15.59 and a beta of 0.41.

Institutional Investors Weigh In On Energy Select Sector SPDR Fund

A number of institutional investors and hedge funds have recently modified their holdings of the business. ORG Wealth Partners LLC lifted its position in shares of Energy Select Sector SPDR Fund by 100.0% during the fourth quarter. ORG Wealth Partners LLC now owns 568 shares of the exchange traded fund’s stock worth $25,000 after purchasing an additional 284 shares during the last quarter. Holos Integrated Wealth LLC bought a new position in shares of Energy Select Sector SPDR Fund in the fourth quarter worth about $26,000. Vermillion Wealth Management Inc. grew its holdings in shares of Energy Select Sector SPDR Fund by 85.7% in the fourth quarter. Vermillion Wealth Management Inc. now owns 609 shares of the exchange traded fund’s stock worth $27,000 after purchasing an additional 281 shares during the last quarter. Banque Cantonale Vaudoise grew its holdings in shares of Energy Select Sector SPDR Fund by 58.6% in the fourth quarter. Banque Cantonale Vaudoise now owns 617 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 228 shares during the last quarter. Finally, Godfrey Financial Associates Inc. purchased a new position in Energy Select Sector SPDR Fund in the 4th quarter worth about $28,000.

Energy Select Sector SPDR Fund Company Profile

The Energy Select Sector SPDR ETF is a State Street exchange-traded fund that seeks to track the price and yield performance of the Energy Select Sector Index, before expenses. The index is designed to provide broad representation of the energy sector within the S&P 500, covering companies in the oil, gas and consumable fuels, and energy equipment and services industries. Component companies are selected from the S&P 500 universe based on general industry classification, and the Energy Select Sector Index is one of eleven Select Sector Indexes that together comprise all S&P 500 constituents.