Investors Sell Shares of Health Care Select Sector SPDR Fund (XLV) on Strength (XLV)

Investors sold shares of Health Care Select Sector SPDR Fund (NYSEARCA:XLV) on strength during trading on Thursday. $76.25 million flowed into the stock on the tick-up and $157.31 million flowed out of the stock on the tick-down, for a money net flow of $81.06 million out of the stock. Of all stocks tracked, Health Care Select Sector SPDR Fund had the 0th highest net out-flow for the day. Health Care Select Sector SPDR Fund traded up $0.78 for the day and closed at $89.02

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 27th. Stockholders of record on Monday, December 24th were issued a $0.3795 dividend. This is an increase from Health Care Select Sector SPDR Fund’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend was Friday, December 21st.

Several hedge funds have recently bought and sold shares of XLV. Legacy Advisors LLC increased its position in shares of Health Care Select Sector SPDR Fund by 2.3% in the fourth quarter. Legacy Advisors LLC now owns 8,064 shares of the exchange traded fund’s stock valued at $698,000 after buying an additional 180 shares in the last quarter. Webster Bank N. A. increased its position in shares of Health Care Select Sector SPDR Fund by 41.9% in the fourth quarter. Webster Bank N. A. now owns 931 shares of the exchange traded fund’s stock valued at $80,000 after buying an additional 275 shares in the last quarter. Rehmann Capital Advisory Group increased its position in shares of Health Care Select Sector SPDR Fund by 4.5% in the third quarter. Rehmann Capital Advisory Group now owns 8,490 shares of the exchange traded fund’s stock valued at $808,000 after buying an additional 368 shares in the last quarter. Cordasco Financial Network increased its position in shares of Health Care Select Sector SPDR Fund by 2,380.0% in the fourth quarter. Cordasco Financial Network now owns 496 shares of the exchange traded fund’s stock valued at $43,000 after buying an additional 476 shares in the last quarter. Finally, Stillwater Investment Management LLC increased its position in shares of Health Care Select Sector SPDR Fund by 1.9% in the fourth quarter. Stillwater Investment Management LLC now owns 27,184 shares of the exchange traded fund’s stock valued at $2,352,000 after buying an additional 507 shares in the last quarter.

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About Health Care Select Sector SPDR Fund (NYSEARCA:XLV)

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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