Visionary Asset Management Inc. reduced its position in shares of Health Care SPDR (NYSEARCA:XLV) by 47.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,190 shares of the exchange traded fund’s stock after selling 6,388 shares during the period. Health Care SPDR accounts for about 0.2% of Visionary Asset Management Inc.’s investment portfolio, making the stock its 20th largest position. Visionary Asset Management Inc.’s holdings in Health Care SPDR were worth $622,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the business. Webster Bank N. A. boosted its position in shares of Health Care SPDR by 41.9% in the fourth quarter. Webster Bank N. A. now owns 931 shares of the exchange traded fund’s stock worth $80,000 after acquiring an additional 275 shares during the last quarter. Rehmann Capital Advisory Group boosted its position in shares of Health Care SPDR by 4.5% in the third quarter. Rehmann Capital Advisory Group now owns 8,490 shares of the exchange traded fund’s stock worth $808,000 after acquiring an additional 368 shares during the last quarter. Stillwater Investment Management LLC boosted its position in shares of Health Care SPDR by 1.9% in the fourth quarter. Stillwater Investment Management LLC now owns 27,184 shares of the exchange traded fund’s stock worth $2,352,000 after acquiring an additional 507 shares during the last quarter. Condor Capital Management boosted its position in shares of Health Care SPDR by 5.6% in the third quarter. Condor Capital Management now owns 10,482 shares of the exchange traded fund’s stock worth $997,000 after acquiring an additional 557 shares during the last quarter. Finally, M Holdings Securities Inc. boosted its position in shares of Health Care SPDR by 15.3% in the second quarter. M Holdings Securities Inc. now owns 4,243 shares of the exchange traded fund’s stock worth $354,000 after acquiring an additional 562 shares during the last quarter.

Shares of XLV traded down $0.32 during mid-day trading on Friday, hitting $87.20. The company had a trading volume of 699,844 shares, compared to its average volume of 13,646,409. Health Care SPDR has a 1-year low of $78.74 and a 1-year high of $96.06.

The business also recently announced a quarterly dividend, which was paid on Thursday, December 27th. Investors of record on Monday, December 24th were given a $0.3795 dividend. The ex-dividend date of this dividend was Friday, December 21st. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a dividend yield of 1.74%.

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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).

Further Reading: How to invest in a bear market

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Institutional Ownership by Quarter for Health Care SPDR (NYSEARCA:XLV)

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