Stillwater Investment Management LLC cut its position in shares of Health Care SPDR (NYSEARCA:XLV) by 5.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 27,223 shares of the exchange traded fund’s stock after selling 1,525 shares during the quarter. Stillwater Investment Management LLC’s holdings in Health Care SPDR were worth $2,272,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Coyle Financial Counsel LLC acquired a new stake in Health Care SPDR during the first quarter worth about $103,000. Lucia Wealth Services LLC acquired a new stake in Health Care SPDR during the first quarter worth about $147,000. Delek Group Ltd. acquired a new stake in Health Care SPDR during the fourth quarter worth about $149,000. Pinnacle Financial Partners Inc. acquired a new stake in Health Care SPDR during the first quarter worth about $165,000. Finally, Certified Advisory Corp acquired a new stake in Health Care SPDR during the fourth quarter worth about $198,000.
XLV stock traded up $0.77 during trading on Thursday, reaching $84.69. 635,392 shares of the stock were exchanged, compared to its average volume of 9,163,263. Health Care SPDR has a twelve month low of $77.82 and a twelve month high of $91.79.
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 20th. Investors of record on Monday, June 18th were given a dividend of $0.316 per share. The ex-dividend date of this dividend was Friday, June 15th. This is an increase from Health Care SPDR’s previous quarterly dividend of $0.30. This represents a $1.26 dividend on an annualized basis and a yield of 1.49%.
Health Care SPDR 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).
Want to see what other hedge funds are holding XLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Health Care SPDR (NYSEARCA:XLV).
Receive News & Ratings for Health Care SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Care SPDR and related companies with MarketBeat.com's FREE daily email newsletter.