Strategic Wealth Management Inc. ADV lowered its stake in shares of Health Care SPDR (NYSEARCA:XLV) by 3.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 42,954 shares of the exchange traded fund’s stock after selling 1,722 shares during the quarter. Health Care SPDR comprises approximately 3.6% of Strategic Wealth Management Inc. ADV’s investment portfolio, making the stock its 13th biggest position. Strategic Wealth Management Inc. ADV’s holdings in Health Care SPDR were worth $3,552,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Oppenheimer Asset Management Inc. grew its position in Health Care SPDR by 32.4% during the third quarter. Oppenheimer Asset Management Inc. now owns 51,049 shares of the exchange traded fund’s stock worth $4,173,000 after buying an additional 12,506 shares in the last quarter. Summit Securities Group LLC acquired a new stake in Health Care SPDR during the third quarter worth approximately $425,000. RiverFront Investment Group LLC acquired a new stake in Health Care SPDR during the third quarter worth approximately $36,053,000. Hilton Capital Management LLC grew its position in Health Care SPDR by 42.2% during the third quarter. Hilton Capital Management LLC now owns 10,215 shares of the exchange traded fund’s stock worth $835,000 after buying an additional 3,030 shares in the last quarter. Finally, City Financial Investment Co Ltd acquired a new stake in Health Care SPDR during the second quarter worth approximately $10,380,000.

Shares of Health Care SPDR (XLV) opened at $85.79 on Thursday. The stock has a market capitalization of $17,360.00 and a P/E ratio of 6.64. Health Care SPDR has a 12-month low of $68.75 and a 12-month high of $86.12.

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were given a dividend of $0.3306 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.32 dividend on an annualized basis and a yield of 1.54%. This is an increase from Health Care SPDR’s previous quarterly dividend of $0.30. Health Care SPDR’s dividend payout ratio is currently 9.44%.

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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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Institutional Ownership by Quarter for Health Care SPDR (NYSEARCA:XLV)

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