Fifth Third Bancorp Has $5.46 Million Position in Health Care Select Sector SPDR Fund (NYSEARCA:XLV)

Fifth Third Bancorp increased its holdings in Health Care Select Sector SPDR Fund (NYSEARCA:XLV) by 5.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 57,385 shares of the exchange traded fund’s stock after purchasing an additional 2,779 shares during the quarter. Fifth Third Bancorp’s holdings in Health Care Select Sector SPDR Fund were worth $5,460,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Integrated Investment Consultants LLC raised its holdings in shares of Health Care Select Sector SPDR Fund by 933.6% during the second quarter. Integrated Investment Consultants LLC now owns 1,323 shares of the exchange traded fund’s stock valued at $110,000 after acquiring an additional 1,195 shares during the last quarter. Zions Bancorporation acquired a new position in shares of Health Care Select Sector SPDR Fund during the third quarter valued at approximately $116,000. ELM Advisors LLC acquired a new position in shares of Health Care Select Sector SPDR Fund during the third quarter valued at approximately $147,000. Poehling Capital Management LLC raised its holdings in shares of Health Care Select Sector SPDR Fund by 1,192.4% during the second quarter. Poehling Capital Management LLC now owns 1,861 shares of the exchange traded fund’s stock valued at $155,000 after acquiring an additional 1,717 shares during the last quarter. Finally, Moneta Group Investment Advisors LLC acquired a new position in shares of Health Care Select Sector SPDR Fund during the second quarter valued at approximately $171,000.

XLV stock opened at $83.47 on Friday. Health Care Select Sector SPDR Fund has a 1 year low of $78.74 and a 1 year high of $96.06.

The business also recently declared a quarterly dividend, which was paid on Thursday, December 27th. Stockholders of record on Monday, December 24th were given a $0.3795 dividend. The ex-dividend date was Friday, December 21st. This is a positive change from Health Care Select Sector SPDR Fund’s previous quarterly dividend of $0.37. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.82%.

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About Health Care Select Sector SPDR Fund

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: Exchange-Traded Funds (ETFs)

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

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