BlackRock Inc. Trims Position in Health Care SPDR (XLV)

BlackRock Inc. lowered its holdings in Health Care SPDR (NYSE:XLV) by 83.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,109,665 shares of the exchange traded fund’s stock after selling 10,761,537 shares during the quarter. BlackRock Inc.’s holdings in Health Care SPDR were worth $167,170,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of XLV. Schroder Investment Management Group acquired a new stake in Health Care SPDR in the 2nd quarter valued at $84,476,000. Ameriprise Financial Inc. grew its position in Health Care SPDR by 60.5% in the 2nd quarter. Ameriprise Financial Inc. now owns 2,400,209 shares of the exchange traded fund’s stock valued at $190,410,000 after purchasing an additional 904,476 shares during the period. Mizuho Trust & Banking Co. Ltd. grew its position in Health Care SPDR by 468.8% in the 2nd quarter. Mizuho Trust & Banking Co. Ltd. now owns 910,000 shares of the exchange traded fund’s stock valued at $72,108,000 after purchasing an additional 750,000 shares during the period. Marshall Wace LLP acquired a new stake in Health Care SPDR in the 2nd quarter valued at $58,654,000. Finally, BB&T Securities LLC grew its position in Health Care SPDR by 427.9% in the 2nd quarter. BB&T Securities LLC now owns 294,260 shares of the exchange traded fund’s stock valued at $23,317,000 after purchasing an additional 238,515 shares during the period.

Shares of Health Care SPDR (NYSE:XLV) opened at 82.72 on Thursday. The company has a 50-day moving average of $81.66 and a 200 day moving average of $78.37. Health Care SPDR has a 52-week low of $65.96 and a 52-week high of $83.41.

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Shareholders of record on Monday, September 18th were issued a $0.3048 dividend. The ex-dividend date of this dividend was Friday, September 15th. This represents a $1.22 dividend on an annualized basis and a yield of 1.47%.

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

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