Affiance Financial LLC Lowers Position in Health Care SPDR (XLV)

Affiance Financial LLC trimmed its holdings in Health Care SPDR (NYSEARCA:XLV) by 6.5% during the fourth quarter, Holdings Channel reports. The fund owned 8,207 shares of the exchange traded fund’s stock after selling 574 shares during the period. Affiance Financial LLC’s holdings in Health Care SPDR were worth $710,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Webster Bank N. A. grew its stake in Health Care SPDR by 41.9% in the 4th quarter. Webster Bank N. A. now owns 931 shares of the exchange traded fund’s stock valued at $80,000 after acquiring an additional 275 shares during the last quarter. Cumberland Advisors Inc. grew its stake in Health Care SPDR by 101.3% in the 4th quarter. Cumberland Advisors Inc. now owns 110,840 shares of the exchange traded fund’s stock valued at $9,589,000 after acquiring an additional 55,780 shares during the last quarter. Boltwood Capital Management grew its stake in Health Care SPDR by 136.3% in the 4th quarter. Boltwood Capital Management now owns 36,557 shares of the exchange traded fund’s stock valued at $3,162,000 after acquiring an additional 21,087 shares during the last quarter. Dorsey Wright & Associates acquired a new stake in Health Care SPDR in the 4th quarter valued at about $3,703,000. Finally, Silverleafe Capital Partners LLC boosted its stake in shares of Health Care SPDR by 4.4% during the 4th quarter. Silverleafe Capital Partners LLC now owns 40,779 shares of the exchange traded fund’s stock worth $3,528,000 after purchasing an additional 1,703 shares during the last quarter.

Shares of Health Care SPDR stock traded down $0.25 during mid-day trading on Friday, hitting $87.27. 645,039 shares of the stock were exchanged, compared to its average volume of 13,646,409. Health Care SPDR has a twelve month low of $78.74 and a twelve month high of $96.06.

The company also recently declared a quarterly dividend, which was paid on Thursday, December 27th. Shareholders of record on Monday, December 24th were paid a dividend of $0.3795 per share. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.37. This represents a $1.52 annualized dividend and a dividend yield of 1.74%. The ex-dividend date of this dividend was Friday, December 21st.

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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).

Further Reading: Hedge Funds Explained

Want to see what other hedge funds are holding XLV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Health Care SPDR (NYSEARCA:XLV).

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

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