Montecito Bank & Trust Has $3.32 Million Holdings in Health Care SPDR (XLV)

Montecito Bank & Trust raised its stake in Health Care SPDR (NYSEARCA:XLV) by 32.1% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 34,864 shares of the exchange traded fund’s stock after buying an additional 8,467 shares during the period. Health Care SPDR accounts for approximately 1.0% of Montecito Bank & Trust’s investment portfolio, making the stock its 21st largest position. Montecito Bank & Trust’s holdings in Health Care SPDR were worth $3,317,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Biltmore Wealth Management LLC lifted its stake in shares of Health Care SPDR by 2.7% in the 3rd quarter. Biltmore Wealth Management LLC now owns 167,703 shares of the exchange traded fund’s stock valued at $15,957,000 after purchasing an additional 4,361 shares during the last quarter. Quattro Financial Advisors LLC lifted its stake in shares of Health Care SPDR by 39.9% in the 3rd quarter. Quattro Financial Advisors LLC now owns 60,453 shares of the exchange traded fund’s stock valued at $5,684,000 after purchasing an additional 17,248 shares during the last quarter. Gyroscope Capital Management Group LLC lifted its stake in shares of Health Care SPDR by 6.1% in the 3rd quarter. Gyroscope Capital Management Group LLC now owns 21,630 shares of the exchange traded fund’s stock valued at $2,039,000 after purchasing an additional 1,243 shares during the last quarter. Boltwood Capital Management lifted its stake in shares of Health Care SPDR by 3.8% in the 3rd quarter. Boltwood Capital Management now owns 15,470 shares of the exchange traded fund’s stock valued at $1,471,000 after purchasing an additional 571 shares during the last quarter. Finally, Nelson Roberts Investment Advisors LLC lifted its stake in shares of Health Care SPDR by 2.4% in the 3rd quarter. Nelson Roberts Investment Advisors LLC now owns 29,760 shares of the exchange traded fund’s stock valued at $2,832,000 after purchasing an additional 694 shares during the last quarter.

Shares of Health Care SPDR stock traded up $1.38 during trading hours on Friday, hitting $91.07. The company’s stock had a trading volume of 20,782,900 shares, compared to its average volume of 8,559,389. Health Care SPDR has a twelve month low of $78.74 and a twelve month high of $96.06.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 26th. Stockholders of record on Monday, September 24th were paid a $0.3671 dividend. This represents a $1.47 annualized dividend and a dividend yield of 1.61%. The ex-dividend date was Friday, September 21st. This is a positive change from Health Care SPDR’s previous quarterly dividend of $0.32.

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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