Health Care SPDR (XLV) Shares Bought by Rockland Trust Co.

Rockland Trust Co. boosted its position in shares of Health Care SPDR (NYSEARCA:XLV) by 625.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 45,241 shares of the exchange traded fund’s stock after acquiring an additional 39,009 shares during the quarter. Rockland Trust Co.’s holdings in Health Care SPDR were worth $3,741,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. increased its holdings in shares of Health Care SPDR by 33.6% in the third quarter. JPMorgan Chase & Co. now owns 7,104,872 shares of the exchange traded fund’s stock valued at $577,269,000 after purchasing an additional 1,786,387 shares during the period. Swan Global Investments LLC boosted its stake in shares of Health Care SPDR by 6.0% in the third quarter. Swan Global Investments LLC now owns 4,973,887 shares of the exchange traded fund’s stock valued at $404,128,000 after buying an additional 280,357 shares in the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Health Care SPDR by 6.5% in the third quarter. Ameriprise Financial Inc. now owns 2,556,515 shares of the exchange traded fund’s stock valued at $208,846,000 after buying an additional 156,306 shares in the last quarter. State Street Corp boosted its stake in shares of Health Care SPDR by 937.9% in the second quarter. State Street Corp now owns 1,785,625 shares of the exchange traded fund’s stock valued at $141,492,000 after buying an additional 1,613,582 shares in the last quarter. Finally, Janney Montgomery Scott LLC boosted its stake in shares of Health Care SPDR by 14.2% in the third quarter. Janney Montgomery Scott LLC now owns 1,679,910 shares of the exchange traded fund’s stock valued at $137,299,000 after buying an additional 208,955 shares in the last quarter.

Shares of Health Care SPDR (NYSEARCA:XLV) traded up $0.37 during trading hours on Thursday, hitting $86.16. The stock had a trading volume of 10,835,700 shares, compared to its average volume of 7,517,571. Health Care SPDR has a twelve month low of $68.75 and a twelve month high of $86.12. The stock has a market capitalization of $17,410.00 and a P/E ratio of 6.67.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a $0.3306 dividend. This is a positive change from Health Care SPDR’s previous quarterly dividend of $0.30. This represents a $1.32 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Friday, December 15th. Health Care SPDR’s dividend payout ratio is presently 9.44%.

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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).

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).

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

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