Blair William & Co. IL boosted its position in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 6.1% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 16,597 shares of the exchange traded fund’s stock after buying an additional 956 shares during the quarter. Blair William & Co. IL’s holdings in Materials Select Sector SPDR were worth $945,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Coyle Financial Counsel LLC acquired a new stake in Materials Select Sector SPDR during the first quarter valued at $106,000. Adirondack Trust Co. grew its position in Materials Select Sector SPDR by 3,800.0% during the first quarter. Adirondack Trust Co. now owns 1,950 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 1,900 shares during the period. Synovus Financial Corp acquired a new stake in Materials Select Sector SPDR during the first quarter valued at $146,000. Mosaic Family Wealth LLC acquired a new stake in Materials Select Sector SPDR during the fourth quarter valued at $179,000. Finally, Mutual Advisors LLC acquired a new stake in Materials Select Sector SPDR during the first quarter valued at $230,000.
XLB stock opened at $58.52 on Friday. Materials Select Sector SPDR has a one year low of $53.38 and a one year high of $64.17.
The company also recently declared a quarterly dividend, which was paid on Wednesday, June 20th. Investors of record on Monday, June 18th were given a dividend of $0.2798 per share. This represents a $1.12 annualized dividend and a yield of 1.91%. The ex-dividend date of this dividend was Friday, June 15th. This is a positive change from Materials Select Sector SPDR’s previous quarterly dividend of $0.23.
Materials Select Sector SPDR Profile
Materials Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond generally to the price and yield performance of the Materials Select Sector Index (the Index). The Index includes companies involved in such industries as chemicals; metals and mining; paper and forest products; containers and packaging, and construction materials.
Want to see what other hedge funds are holding XLB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Materials Select Sector SPDR (NYSEARCA:XLB).
Receive News & Ratings for Materials Select Sector SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Materials Select Sector SPDR and related companies with MarketBeat.com's FREE daily email newsletter.