Woodmont Investment Counsel LLC lowered its holdings in Health Care SPDR (NYSE:XLV) by 42.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,487 shares of the exchange traded fund’s stock after selling 12,338 shares during the period. Woodmont Investment Counsel LLC’s holdings in Health Care SPDR were worth $1,306,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also made changes to their positions in the company. Abbot Financial Management Inc. purchased a new position in shares of Health Care SPDR in the second quarter worth approximately $757,000. UBS Asset Management Americas Inc. increased its position in shares of Health Care SPDR by 9.9% in the second quarter. UBS Asset Management Americas Inc. now owns 369,677 shares of the exchange traded fund’s stock worth $29,293,000 after acquiring an additional 33,169 shares in the last quarter. BRYN MAWR TRUST Co purchased a new position in shares of Health Care SPDR in the second quarter worth approximately $281,000. Bank Hapoalim BM increased its position in shares of Health Care SPDR by 1.1% in the second quarter. Bank Hapoalim BM now owns 295,979 shares of the exchange traded fund’s stock worth $23,453,000 after acquiring an additional 3,138 shares in the last quarter. Finally, Sandy Spring Bank increased its position in shares of Health Care SPDR by 0.3% in the second quarter. Sandy Spring Bank now owns 31,081 shares of the exchange traded fund’s stock worth $2,463,000 after acquiring an additional 102 shares in the last quarter.
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Health Care SPDR (XLV) traded up 0.12% on Wednesday, hitting $82.02. 1,861,663 shares of the stock traded hands. The company’s 50 day moving average price is $80.28 and its 200-day moving average price is $77.60. Health Care SPDR has a 12-month low of $65.96 and a 12-month high of $83.41.
The business also recently declared a quarterly dividend, which will be paid on Monday, September 25th. Stockholders of record on Monday, September 18th will be paid a $0.3048 dividend. The ex-dividend date of this dividend is Friday, September 15th. This represents a $1.22 dividend on an annualized basis and a dividend 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).
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