NEXT Financial Group Inc reduced its holdings in Health Care SPDR (NYSEARCA:XLV) by 27.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 2,888 shares of the exchange traded fund’s stock after selling 1,120 shares during the quarter. NEXT Financial Group Inc’s holdings in Health Care SPDR were worth $275,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Integrated Investment Consultants LLC increased its position in Health Care SPDR by 933.6% in the 2nd quarter. Integrated Investment Consultants LLC now owns 1,323 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 1,195 shares during the period. ELM Advisors LLC acquired a new stake in shares of Health Care SPDR during the third quarter worth $147,000. Poehling Capital Management LLC increased its position in shares of Health Care SPDR by 1,192.4% during the second quarter. Poehling Capital Management LLC now owns 1,861 shares of the exchange traded fund’s stock worth $155,000 after buying an additional 1,717 shares during the period. Moneta Group Investment Advisors LLC acquired a new stake in shares of Health Care SPDR during the second quarter worth $171,000. Finally, Avestar Capital LLC increased its position in shares of Health Care SPDR by 752.9% during the second quarter. Avestar Capital LLC now owns 2,081 shares of the exchange traded fund’s stock worth $173,000 after buying an additional 1,837 shares during the period.
Shares of XLV traded up $1.38 during trading hours on Friday, hitting $91.07. 20,782,900 shares of the stock were exchanged, compared to its average volume of 8,559,389. Health Care SPDR has a fifty-two week low of $78.74 and a fifty-two week high of $96.06.
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 26th. Stockholders of record on Monday, September 24th were given a dividend of $0.3671 per share. The ex-dividend date was Friday, September 21st. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.32. This represents a $1.47 annualized dividend and a dividend yield of 1.61%.
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).
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