San Francisco Sentry Investment Group CA grew its stake in shares of Materials Select Sector SPDR (NYSEARCA:XLB) by 7.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,050 shares of the exchange traded fund’s stock after acquiring an additional 1,750 shares during the period. San Francisco Sentry Investment Group CA’s holdings in Materials Select Sector SPDR were worth $1,294,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. AGF Investments Inc. grew its position in shares of Materials Select Sector SPDR by 760.1% in the 2nd quarter. AGF Investments Inc. now owns 559,677 shares of the exchange traded fund’s stock worth $30,132,000 after acquiring an additional 494,607 shares in the last quarter. IndexIQ Advisors LLC increased its holdings in shares of Materials Select Sector SPDR by 1,435.1% in the 2nd quarter. IndexIQ Advisors LLC now owns 320,898 shares of the exchange traded fund’s stock valued at $17,267,000 after acquiring an additional 299,994 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Materials Select Sector SPDR by 15.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 797,432 shares of the exchange traded fund’s stock valued at $42,911,000 after acquiring an additional 109,540 shares during the last quarter. Hanlon Investment Management Inc. increased its holdings in shares of Materials Select Sector SPDR by 522.9% in the 2nd quarter. Hanlon Investment Management Inc. now owns 115,021 shares of the exchange traded fund’s stock valued at $6,189,000 after acquiring an additional 96,557 shares during the last quarter. Finally, Sun Life Financial INC increased its holdings in shares of Materials Select Sector SPDR by 1,028.6% in the 2nd quarter. Sun Life Financial INC now owns 77,069 shares of the exchange traded fund’s stock valued at $4,147,000 after acquiring an additional 70,240 shares during the last quarter.

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Materials Select Sector SPDR (NYSEARCA XLB) traded up 0.10% on Wednesday, hitting $57.72. 1,622,385 shares of the stock were exchanged. Materials Select Sector SPDR has a 1-year low of $45.56 and a 1-year high of $57.85. The company’s 50 day moving average is $55.51 and its 200 day moving average is $53.99.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, September 25th. Stockholders of record on Monday, September 18th were issued a dividend of $0.3019 per share. This represents a $1.21 dividend on an annualized basis and a dividend yield of 2.09%. This is an increase from Materials Select Sector SPDR’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Friday, September 15th.

Materials Select Sector SPDR Company 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.

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Institutional Ownership by Quarter for Materials Select Sector SPDR (NYSEARCA:XLB)

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