Leicht Financial Planning & Wealth Management Inc. held its stake in Materials Select Sector SPDR (NYSEARCA:XLB) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,400 shares of the exchange traded fund’s stock at the close of the 2nd quarter. Materials Select Sector SPDR accounts for 0.2% of Leicht Financial Planning & Wealth Management Inc.’s portfolio, making the stock its 25th biggest position. Leicht Financial Planning & Wealth Management Inc.’s holdings in Materials Select Sector SPDR were worth $230,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in XLB. Sei Investments Co. lifted its stake in shares of Materials Select Sector SPDR by 181.6% in the second quarter. Sei Investments Co. now owns 2,320 shares of the exchange traded fund’s stock worth $125,000 after buying an additional 1,496 shares in the last quarter. Endurance Wealth Management Inc. lifted its stake in shares of Materials Select Sector SPDR by 7.8% in the second quarter. Endurance Wealth Management Inc. now owns 2,480 shares of the exchange traded fund’s stock worth $133,000 after buying an additional 180 shares in the last quarter. Aviance Capital Management LLC bought a new position in shares of Materials Select Sector SPDR in the second quarter worth approximately $149,000. Daiwa Securities Group Inc. lifted its stake in shares of Materials Select Sector SPDR by 16.0% in the second quarter. Daiwa Securities Group Inc. now owns 2,900 shares of the exchange traded fund’s stock worth $156,000 after buying an additional 400 shares in the last quarter. Finally, Synovus Financial Corp lifted its stake in shares of Materials Select Sector SPDR by 17.5% in the second quarter. Synovus Financial Corp now owns 2,952 shares of the exchange traded fund’s stock worth $159,000 after buying an additional 439 shares in the last quarter.

Shares of Materials Select Sector SPDR (NYSEARCA:XLB) traded down 0.38% on Wednesday, hitting $57.71. 855,955 shares of the stock traded hands. Materials Select Sector SPDR has a 52-week low of $45.56 and a 52-week high of $58.11. The stock’s 50 day moving average price is $56.07 and its 200 day moving average price is $54.21.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were given a $0.3019 dividend. The ex-dividend date of this dividend was Friday, September 15th. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.08%. This is an increase from Materials Select Sector SPDR’s previous quarterly dividend of $0.25.

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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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