Corient Private Wealth LLC Invests $293,000 in SPDR S&P Homebuilders ETF (NYSEARCA:XHB)

Corient Private Wealth LLC acquired a new position in SPDR S&P Homebuilders ETF (NYSEARCA:XHB) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,805 shares of the exchange traded fund’s stock, valued at approximately $293,000.

A number of other institutional investors have also recently made changes to their positions in XHB. Rockefeller Capital Management L.P. grew its position in SPDR S&P Homebuilders ETF by 13.8% during the 3rd quarter. Rockefeller Capital Management L.P. now owns 31,886 shares of the exchange traded fund’s stock worth $3,972,000 after purchasing an additional 3,867 shares during the last quarter. Benjamin Edwards Inc. acquired a new stake in shares of SPDR S&P Homebuilders ETF during the third quarter worth $769,000. HighTower Advisors LLC lifted its stake in shares of SPDR S&P Homebuilders ETF by 7.2% during the third quarter. HighTower Advisors LLC now owns 5,418 shares of the exchange traded fund’s stock worth $673,000 after buying an additional 364 shares during the period. IHT Wealth Management LLC grew its holdings in shares of SPDR S&P Homebuilders ETF by 18.3% during the third quarter. IHT Wealth Management LLC now owns 5,855 shares of the exchange traded fund’s stock valued at $729,000 after buying an additional 906 shares during the last quarter. Finally, Pinnacle Family Advisors LLC acquired a new position in shares of SPDR S&P Homebuilders ETF in the 3rd quarter valued at $417,000.

SPDR S&P Homebuilders ETF Price Performance

Shares of XHB stock opened at $96.90 on Tuesday. The business has a fifty day moving average of $103.28 and a 200 day moving average of $111.64. SPDR S&P Homebuilders ETF has a 1 year low of $94.19 and a 1 year high of $126.09. The firm has a market capitalization of $1.33 billion, a price-to-earnings ratio of 12.26 and a beta of 1.51.

SPDR S&P Homebuilders ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 26th. Stockholders of record on Monday, March 24th were paid a $0.313 dividend. This is a boost from SPDR S&P Homebuilders ETF’s previous dividend of $0.15. The ex-dividend date of this dividend was Monday, March 24th.

SPDR S&P Homebuilders ETF Profile

SPDR S&P Homebuilders ETF (the Fund) seeks to closely match the returns and characteristics of the S&P Homebuilders Select Industry Index. The S&P Homebuilders Select Industry Index represents the homebuilding sub-industry portion of the S&P Total Markets Index. The S&P TMI tracks all the United States common stocks listed on the New York Stock Exchange, American Stock Exchange, National Association of Securities Dealers Automated Quotation (NASDAQ) National Market and NASDAQ Small Cap exchanges.