Institute for Wealth Management LLC. purchased a new position in shares of Health Care SPDR (NYSE:XLV) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 9,854 shares of the exchange traded fund’s stock, valued at approximately $779,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Bridgewater Wealth & Financial Management LLC boosted its stake in Health Care SPDR by 0.3% during the second quarter. Bridgewater Wealth & Financial Management LLC now owns 3,458 shares of the exchange traded fund’s stock worth $274,000 after buying an additional 9 shares in the last quarter. Fagan Associates Inc. boosted its stake in Health Care SPDR by 0.3% during the second quarter. Fagan Associates Inc. now owns 4,429 shares of the exchange traded fund’s stock worth $351,000 after buying an additional 13 shares in the last quarter. Excalibur Management Corp boosted its stake in Health Care SPDR by 1.3% during the second quarter. Excalibur Management Corp now owns 4,015 shares of the exchange traded fund’s stock worth $318,000 after buying an additional 50 shares in the last quarter. Kanawha Capital Management LLC boosted its stake in Health Care SPDR by 0.6% during the second quarter. Kanawha Capital Management LLC now owns 8,126 shares of the exchange traded fund’s stock worth $644,000 after buying an additional 50 shares in the last quarter. Finally, Chemical Bank boosted its stake in 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 buying an additional 65 shares in the last quarter.

Health Care SPDR (NYSE XLV) traded up 0.59% during midday trading on Friday, reaching $81.73. 6,902,730 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $80.28 and a 200 day moving average price of $77.60. Health Care SPDR has a 12 month low of $65.96 and a 12 month 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. This represents a $1.22 dividend on an annualized basis and a yield of 1.49%. The ex-dividend date of this dividend was Friday, September 15th.

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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).

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

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