Visionary Asset Management Inc. lowered its holdings in shares of Health Care SPDR (NYSEARCA:XLV) by 47.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,190 shares of the exchange traded fund’s stock after selling 6,388 shares during the period. Health Care SPDR accounts for 0.2% of Visionary Asset Management Inc.’s investment portfolio, making the stock its 20th largest holding. Visionary Asset Management Inc.’s holdings in Health Care SPDR were worth $622,000 as of its most recent SEC filing.
Other large investors have also modified their holdings of the company. FMR LLC raised its position in Health Care SPDR by 45.3% during the 2nd quarter. FMR LLC now owns 77,907 shares of the exchange traded fund’s stock worth $6,502,000 after buying an additional 24,274 shares during the last quarter. Point72 Asset Management L.P. purchased a new position in Health Care SPDR during the 2nd quarter worth $209,000. Signaturefd LLC raised its position in Health Care SPDR by 571.2% during the 2nd quarter. Signaturefd LLC now owns 3,712 shares of the exchange traded fund’s stock worth $310,000 after buying an additional 3,159 shares during the last quarter. Centaurus Financial Inc. raised its position in Health Care SPDR by 194.6% during the 2nd quarter. Centaurus Financial Inc. now owns 17,286 shares of the exchange traded fund’s stock worth $1,443,000 after buying an additional 11,419 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC purchased a new position in Health Care SPDR during the 2nd quarter worth $171,000.
Shares of XLV traded down $0.32 during trading hours on Friday, reaching $87.20. The company had a trading volume of 699,844 shares, compared to its average volume of 13,646,409. Health Care SPDR has a 12-month low of $78.74 and a 12-month high of $96.06.
The business also recently declared a quarterly dividend, which was paid on Thursday, December 27th. Stockholders of record on Monday, December 24th were issued a $0.3795 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date of this dividend was Friday, December 21st. This is an increase from Health Care SPDR’s previous quarterly dividend of $0.37.
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About Health Care SPDR
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).
Further Reading: What is a Tariff?
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