CIBC World Markets Inc. Sells 6,096 Shares of Health Care SPDR (XLV)

CIBC World Markets Inc. trimmed its position in shares of Health Care SPDR (NYSEARCA:XLV) by 8.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 69,252 shares of the exchange traded fund’s stock after selling 6,096 shares during the period. CIBC World Markets Inc.’s holdings in Health Care SPDR were worth $5,637,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. The Manufacturers Life Insurance Company boosted its holdings in Health Care SPDR by 2.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 65,287 shares of the exchange traded fund’s stock valued at $5,398,000 after purchasing an additional 1,750 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in Health Care SPDR by 52.4% in the fourth quarter. Bank of New York Mellon Corp now owns 85,337 shares of the exchange traded fund’s stock valued at $7,056,000 after purchasing an additional 29,329 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in Health Care SPDR by 6.2% in the fourth quarter. UBS Asset Management Americas Inc. now owns 435,781 shares of the exchange traded fund’s stock valued at $36,030,000 after purchasing an additional 25,602 shares in the last quarter. Suntrust Banks Inc. boosted its holdings in Health Care SPDR by 38.3% in the fourth quarter. Suntrust Banks Inc. now owns 129,156 shares of the exchange traded fund’s stock valued at $10,677,000 after purchasing an additional 35,744 shares in the last quarter. Finally, Capital Analysts LLC acquired a new position in Health Care SPDR in the fourth quarter valued at approximately $147,000.

Shares of Health Care SPDR opened at $84.93 on Friday, according to Marketbeat.com. Health Care SPDR has a 52-week low of $77.82 and a 52-week high of $91.79.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 20th. Investors of record on Monday, June 18th were issued a $0.316 dividend. This represents a $1.26 dividend on an annualized basis and a yield of 1.49%. This is an increase from Health Care SPDR’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, June 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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Institutional Ownership by Quarter for Health Care SPDR (NYSEARCA:XLV)

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