Archford Capital Strategies LLC bought a new stake in SPDR S&P Retail (NYSEARCA:XRT) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 20,233 shares of the exchange traded fund’s stock, valued at approximately $914,000. Archford Capital Strategies LLC owned 0.17% of SPDR S&P Retail at the end of the most recent quarter.
A number of other large investors also recently added to or reduced their stakes in XRT. OLD Second National Bank of Aurora acquired a new stake in SPDR S&P Retail during the fourth quarter worth about $1,200,000. Scotia Capital Inc. grew its stake in shares of SPDR S&P Retail by 316.6% in the fourth quarter. Scotia Capital Inc. now owns 27,118 shares of the exchange traded fund’s stock worth $1,225,000 after acquiring an additional 20,609 shares during the last quarter. Driehaus Capital Management LLC purchased a new stake in shares of SPDR S&P Retail in the fourth quarter worth $266,000. Covenant Asset Management LLC purchased a new stake in shares of SPDR S&P Retail in the fourth quarter worth $302,000. Finally, First Republic Investment Management Inc. purchased a new stake in shares of SPDR S&P Retail in the fourth quarter worth $6,712,000.
Shares of SPDR S&P Retail stock traded up $0.06 during trading on Thursday, hitting $45.09. 3,063,047 shares of the company’s stock traded hands, compared to its average volume of 5,547,727. SPDR S&P Retail has a 1 year low of $37.72 and a 1 year high of $49.09.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 21st. Investors of record on Monday, March 19th were given a dividend of $0.1264 per share. The ex-dividend date was Friday, March 16th. This represents a $0.51 annualized dividend and a dividend yield of 1.12%.
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About SPDR S&P Retail
SPDR S&P Retail ETF (the Fund) seeks to replicate as closely as possible the performance of the S&P Retail Select Industry Index (the Index). The Index is an equal weighted market cap index. The Index represents the retail sub-industry portion of the S&P Total Market Index. The Fund invests in industries, such as apparel retail, automotive retail, food retail, department stores, Internet retail, general merchandise stores, drug retail, and hypermarkets and super centers.
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