Hirtle Callaghan & Co LLC Raises Stake in Materials Select Sector SPDR ETF (XLB)

Hirtle Callaghan & Co LLC increased its position in Materials Select Sector SPDR ETF (NYSEARCA:XLB) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,765 shares of the exchange traded fund’s stock after buying an additional 5,330 shares during the period. Materials Select Sector SPDR ETF accounts for approximately 0.8% of Hirtle Callaghan & Co LLC’s investment portfolio, making the stock its 11th biggest holding. Hirtle Callaghan & Co LLC’s holdings in Materials Select Sector SPDR ETF were worth $8,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Patten Group Inc. grew its stake in shares of Materials Select Sector SPDR ETF by 2,849.5% in the 3rd quarter. Patten Group Inc. now owns 55,037 shares of the exchange traded fund’s stock valued at $105,000 after buying an additional 53,171 shares during the period. Aviance Capital Management LLC acquired a new stake in shares of Materials Select Sector SPDR ETF in the 2nd quarter valued at about $149,000. Valeo Financial Advisors LLC acquired a new stake in shares of Materials Select Sector SPDR ETF in the 3rd quarter valued at about $181,000. USA Financial Portformulas Corp acquired a new stake in shares of Materials Select Sector SPDR ETF in the 2nd quarter valued at about $203,000. Finally, WFG Advisors LP grew its stake in shares of Materials Select Sector SPDR ETF by 2.2% in the 2nd quarter. WFG Advisors LP now owns 3,842 shares of the exchange traded fund’s stock valued at $207,000 after buying an additional 81 shares during the period.

Shares of Materials Select Sector SPDR ETF (XLB) traded down $0.74 on Wednesday, hitting $62.65. The stock had a trading volume of 8,512,899 shares, compared to its average volume of 5,512,110. The firm has a market cap of $5,430.00 and a P/E ratio of -8.41. Materials Select Sector SPDR ETF has a 12 month low of $50.45 and a 12 month high of $63.66.

The company also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were paid a $0.2879 dividend. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.15 annualized dividend and a dividend yield of 1.84%. Materials Select Sector SPDR ETF’s dividend payout ratio is presently -13.56%.

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Materials Select Sector SPDR ETF Profile

Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Materials Select Sector Index (the Index). The Index includes companies involved in such industries as chemicals; metals and mining; paper and forest products; containers and packaging, and construction materials.

Want to see what other hedge funds are holding XLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Materials Select Sector SPDR ETF (NYSEARCA:XLB).

Institutional Ownership by Quarter for Materials Select Sector SPDR ETF (NYSEARCA:XLB)

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