Prudential Financial Inc. Raises Stake in Health Care SPDR (XLV)
Prudential Financial Inc. lifted its position in shares of Health Care SPDR (NYSE:XLV) by 53.9% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 13,540 shares of the exchange traded fund’s stock after purchasing an additional 4,740 shares during the quarter. Prudential Financial Inc.’s holdings in Health Care SPDR were worth $1,073,000 as of its most recent filing with the SEC.
Several other large investors have also recently modified their holdings of XLV. Ballentine Partners LLC grew its holdings in shares of Health Care SPDR by 38.6% during the 2nd quarter. Ballentine Partners LLC now owns 1,576 shares of the exchange traded fund’s stock worth $127,000 after purchasing an additional 439 shares during the period. Pinnacle Financial Partners Inc. purchased a new stake in shares of Health Care SPDR during the 2nd quarter worth about $134,000. Jag Capital Management LLC purchased a new stake in shares of Health Care SPDR during the 2nd quarter worth about $203,000. GFS Advisors LLC purchased a new stake in shares of Health Care SPDR during the 2nd quarter worth about $221,000. Finally, United Bank purchased a new stake in shares of Health Care SPDR during the 2nd quarter worth about $224,000.
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Health Care SPDR (NYSE XLV) opened at 83.00 on Friday. Health Care SPDR has a 52-week low of $65.96 and a 52-week high of $83.41. The company’s 50-day moving average price is $81.19 and its 200 day moving average price is $78.11.
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a dividend of $0.3048 per share. This represents a $1.22 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend was Friday, September 15th.
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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