St. Johns Investment Management Company LLC Has $1.50 Million Stake in Health Care SPDR (XLV)

St. Johns Investment Management Company LLC lowered its stake in shares of Health Care SPDR (NYSEARCA:XLV) by 8.4% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 18,097 shares of the exchange traded fund’s stock after selling 1,665 shares during the quarter. Health Care SPDR accounts for 1.1% of St. Johns Investment Management Company LLC’s holdings, making the stock its 25th biggest holding. St. Johns Investment Management Company LLC’s holdings in Health Care SPDR were worth $1,496,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. ELCO Management Co. LLC increased its position in shares of Health Care SPDR by 1.0% during the 2nd quarter. ELCO Management Co. LLC now owns 4,971 shares of the exchange traded fund’s stock valued at $394,000 after purchasing an additional 51 shares during the last quarter. Raab & Moskowitz Asset Management LLC boosted its holdings in Health Care SPDR by 1.3% during the 2nd quarter. Raab & Moskowitz Asset Management LLC now owns 4,936 shares of the exchange traded fund’s stock valued at $386,000 after acquiring an additional 65 shares during the period. Gofen & Glossberg LLC IL boosted its holdings in Health Care SPDR by 2.0% during the 2nd quarter. Gofen & Glossberg LLC IL now owns 3,671 shares of the exchange traded fund’s stock valued at $291,000 after acquiring an additional 71 shares during the period. Comerica Bank boosted its holdings in Health Care SPDR by 2.8% during the 2nd quarter. Comerica Bank now owns 3,969 shares of the exchange traded fund’s stock valued at $322,000 after acquiring an additional 108 shares during the period. Finally, Segment Wealth Management LLC boosted its holdings in Health Care SPDR by 0.7% during the 2nd quarter. Segment Wealth Management LLC now owns 18,526 shares of the exchange traded fund’s stock valued at $1,468,000 after acquiring an additional 130 shares during the period.

Health Care SPDR (NYSEARCA:XLV) traded up $0.43 on Tuesday, reaching $87.25. The company had a trading volume of 2,690,000 shares. Health Care SPDR has a one year low of $68.75 and a one year high of $87.94. The stock has a market cap of $17,520.00 and a PE ratio of 6.75.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were issued a dividend of $0.3306 per share. The ex-dividend date of this dividend was Friday, December 15th. This represents a $1.32 dividend on an annualized basis and a yield of 1.52%. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.30. Health Care SPDR’s payout ratio is presently 9.44%.

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About Health Care SPDR

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).

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

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