Leicht Financial Planning & Wealth Management Inc. lowered its holdings in shares of Health Care SPDR (NYSEARCA:XLV) by 34.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 12,602 shares of the exchange traded fund’s stock after selling 6,658 shares during the period. Health Care SPDR makes up 0.9% of Leicht Financial Planning & Wealth Management Inc.’s portfolio, making the stock its 17th largest position. Leicht Financial Planning & Wealth Management Inc.’s holdings in Health Care SPDR were worth $1,070,000 at the end of the most recent reporting period.
A number of other institutional investors have also bought and sold shares of XLV. Comerica Bank grew its holdings in Health Care SPDR by 2.8% during the second quarter. Comerica Bank now owns 3,969 shares of the exchange traded fund’s stock worth $322,000 after purchasing an additional 108 shares during the period. Prudential Financial Inc. grew its holdings in Health Care SPDR by 53.9% during the second quarter. Prudential Financial Inc. now owns 13,540 shares of the exchange traded fund’s stock worth $1,073,000 after purchasing an additional 4,740 shares during the period. Alliancebernstein L.P. bought a new stake in shares of Health Care SPDR during the second quarter worth approximately $575,000. Raymond James Trust N.A. boosted its holdings in shares of Health Care SPDR by 11.9% during the second quarter. Raymond James Trust N.A. now owns 3,720 shares of the exchange traded fund’s stock worth $295,000 after acquiring an additional 395 shares during the period. Finally, Chemical Bank boosted its holdings in shares of Health Care SPDR by 1.8% during the second quarter. Chemical Bank now owns 3,590 shares of the exchange traded fund’s stock worth $284,000 after acquiring an additional 65 shares during the period.
Shares of Health Care SPDR (NYSEARCA XLV) traded up $0.61 during trading hours on Friday, hitting $86.77. The stock had a trading volume of 4,247,700 shares, compared to its average volume of 7,108,837. Health Care SPDR has a 12 month low of $68.75 and a 12 month high of $86.18. The company has a market capitalization of $17,670.00 and a PE ratio of 6.72.
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Stockholders of record on Monday, December 18th were issued a dividend of $0.3306 per share. This represents a $1.32 dividend on an annualized basis and a dividend yield of 1.52%. The ex-dividend date of this dividend was Friday, December 15th. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.30. Health Care SPDR’s payout ratio is currently 9.44%.
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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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