Bank of America Corp DE lowered its position in SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR) by 19.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 525,421 shares of the company’s stock after selling 128,434 shares during the period. Bank of America Corp DE’s holdings in SPDR S&P Aerospace & Defense ETF were worth $41,466,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. LifePlan Financial Group Inc lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 50.7% in the 4th quarter. LifePlan Financial Group Inc now owns 3,319 shares of the company’s stock worth $262,000 after acquiring an additional 1,117 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 67.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 23,768 shares of the company’s stock worth $2,366,000 after buying an additional 9,551 shares during the period. Avestar Capital LLC bought a new position in shares of SPDR S&P Aerospace & Defense ETF during the 4th quarter worth approximately $1,035,000. Morgan Stanley lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 7.9% during the 3rd quarter. Morgan Stanley now owns 562,856 shares of the company’s stock worth $56,033,000 after buying an additional 41,018 shares during the period. Finally, Wells Fargo & Company MN lifted its position in shares of SPDR S&P Aerospace & Defense ETF by 2.9% during the 3rd quarter. Wells Fargo & Company MN now owns 127,857 shares of the company’s stock worth $12,728,000 after buying an additional 3,647 shares during the period.

SPDR S&P Aerospace & Defense ETF stock opened at $91.05 on Friday. SPDR S&P Aerospace & Defense ETF has a one year low of $73.23 and a one year high of $101.22.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 21st. Investors of record on Tuesday, March 19th were given a dividend of $0.1585 per share. This represents a $0.63 annualized dividend and a dividend yield of 0.70%. The ex-dividend date of this dividend was Monday, March 18th. This is an increase from SPDR S&P Aerospace & Defense ETF’s previous quarterly dividend of $0.14.

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Want to see what other hedge funds are holding XAR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR).

Institutional Ownership by Quarter for SPDR S&P Aerospace & Defense ETF (NYSEARCA:XAR)

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