Mizuho Trust & Banking Co. Ltd. raised its holdings in shares of Health Care SPDR (NYSEARCA:XLV) by 152.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 480,000 shares of the exchange traded fund’s stock after purchasing an additional 290,000 shares during the period. Health Care SPDR accounts for approximately 10.9% of Mizuho Trust & Banking Co. Ltd.’s holdings, making the stock its 3rd biggest holding. Mizuho Trust & Banking Co. Ltd.’s holdings in Health Care SPDR were worth $39,686,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. increased its stake in shares of Health Care SPDR by 33.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,104,872 shares of the exchange traded fund’s stock valued at $577,269,000 after acquiring an additional 1,786,387 shares during the last quarter. Swan Global Investments LLC increased its stake in shares of Health Care SPDR by 6.0% in the 3rd quarter. Swan Global Investments LLC now owns 4,973,887 shares of the exchange traded fund’s stock valued at $404,128,000 after acquiring an additional 280,357 shares during the last quarter. Ameriprise Financial Inc. increased its stake in shares of Health Care SPDR by 6.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,556,515 shares of the exchange traded fund’s stock valued at $208,846,000 after acquiring an additional 156,306 shares during the last quarter. State Street Corp increased its stake in shares of Health Care SPDR by 937.9% in the 2nd quarter. State Street Corp now owns 1,785,625 shares of the exchange traded fund’s stock valued at $141,492,000 after acquiring an additional 1,613,582 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of Health Care SPDR by 14.2% in the 3rd quarter. Janney Montgomery Scott LLC now owns 1,679,910 shares of the exchange traded fund’s stock valued at $137,299,000 after acquiring an additional 208,955 shares during the last quarter.

Shares of Health Care SPDR (NYSEARCA:XLV) opened at $89.02 on Tuesday. Health Care SPDR has a 52 week low of $68.75 and a 52 week high of $89.07. The stock has a market capitalization of $17,730.00 and a P/E ratio of 6.89.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 26th. Investors of record on Monday, December 18th were paid a dividend of $0.3306 per share. This represents a $1.32 dividend on an annualized basis and a yield of 1.49%. This is a boost from Health Care SPDR’s previous quarterly dividend of $0.30. The ex-dividend date was Friday, December 15th. Health Care SPDR’s dividend payout ratio is presently 9.44%.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by TheOlympiaReport and is owned by of TheOlympiaReport. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://theolympiareport.com/2018/01/23/mizuho-trust-banking-co-ltd-grows-holdings-in-health-care-spdr-xlv.html.

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).

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)

Receive News & Ratings for Health Care SPDR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Health Care SPDR and related companies with MarketBeat.com's FREE daily email newsletter.