Materials Select Sector SPDR (XLB) Position Boosted by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV boosted its holdings in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 15.0% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 42,138 shares of the exchange traded fund’s stock after acquiring an additional 5,508 shares during the quarter. Massmutual Trust Co. FSB ADV owned 0.05% of Materials Select Sector SPDR worth $2,399,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of XLB. Coyle Financial Counsel LLC purchased a new stake in shares of Materials Select Sector SPDR in the 1st quarter worth $106,000. Crewe Advisors LLC purchased a new stake in shares of Materials Select Sector SPDR in the 4th quarter worth $104,000. Adirondack Trust Co. lifted its holdings in shares of Materials Select Sector SPDR by 3,800.0% in the 1st quarter. Adirondack Trust Co. now owns 1,950 shares of the exchange traded fund’s stock worth $111,000 after buying an additional 1,900 shares during the period. Trustcore Financial Services LLC purchased a new stake in shares of Materials Select Sector SPDR in the 4th quarter worth $123,000. Finally, Synovus Financial Corp purchased a new stake in shares of Materials Select Sector SPDR in the 1st quarter worth $146,000.

Shares of XLB stock opened at $58.49 on Wednesday. Materials Select Sector SPDR has a twelve month low of $53.38 and a twelve month high of $64.17.



The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 20th. Shareholders of record on Monday, June 18th will be issued a $0.2798 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.91%. This is a boost from Materials Select Sector SPDR’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend is Friday, June 15th.

About Materials Select Sector SPDR

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.

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

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