Health Care SPDR (XLV) Holdings Trimmed by Stillwater Investment Management LLC
Stillwater Investment Management LLC lessened its stake in shares of Health Care SPDR (NYSEARCA:XLV) by 4.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,592 shares of the exchange traded fund’s stock after selling 1,234 shares during the quarter. Stillwater Investment Management LLC’s holdings in Health Care SPDR were worth $2,447,000 at the end of the most recent reporting period.
Other hedge funds also recently bought and sold shares of the company. Valeo Financial Advisors LLC purchased a new position in Health Care SPDR during the 3rd quarter valued at about $139,000. FNY Managed Accounts LLC purchased a new position in Health Care SPDR during the 3rd quarter valued at about $156,000. San Francisco Sentry Investment Group CA grew its holdings in Health Care SPDR by 124.8% during the 3rd quarter. San Francisco Sentry Investment Group CA now owns 2,360 shares of the exchange traded fund’s stock valued at $193,000 after buying an additional 1,310 shares in the last quarter. West Coast Financial LLC purchased a new position in Health Care SPDR during the 3rd quarter valued at about $201,000. Finally, Accuvest Global Advisors purchased a new position in Health Care SPDR during the 3rd quarter valued at about $208,000.
Health Care SPDR (NYSEARCA XLV) traded up $0.12 during mid-day trading on Thursday, reaching $84.53. The company’s stock had a trading volume of 7,762,220 shares, compared to its average volume of 7,359,307. The stock has a market cap of $16,960.00 and a price-to-earnings ratio of 6.54. Health Care SPDR has a 1-year low of $68.75 and a 1-year high of $84.83.
The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were given a dividend of $0.3306 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.56%. The ex-dividend date was Friday, December 15th. This is an increase from Health Care SPDR’s previous quarterly dividend of $0.30. Health Care SPDR’s dividend payout ratio (DPR) is 9.44%.
Health Care SPDR Company Profile
Health Care Select Sector SPDR Fund (the Fund) seeks to closely match the returns and characteristics of the S&P Health Care Select Sector Index (the Index). The companies included in the Index are selected on the basis of general industry classification from a universe of companies defined by the Standard & Poor’s 500 Composite Stock Index (S&P 500).
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